The Operational Risk Working Party aims to assist actuaries and others in the modelling and management of operational risk. One of the key challenges in modelling operational risk is the modelling of dependencies between operational risks, and between operational and non-operational risks such as market, credit and insurance risk. Their paper seeks to assist in this regard, and help develop good practice in setting assumptions and modelling operational risk dependencies.
The paper focuses on financial services companies and in particular banks, asset managers and insurers, but it is hoped this also has wider relevance.
A copy of the paper can be downloaded here.
|17.30-18.00||Registration and refreshments|
|18.15-18.40||Working party presentation|
|19.20-19.30||Chair summarises discussion and evening, and closes the night|
Chair: Dermot Grenham, Leader of the Scottish Board
Speaker confirmed: Patrick Kelliher
Royal College of Physicians of Edinburgh
9 Queen St
Nearest Public Transport