The working party has been created to assist professionals (actuaries as well as other professionals) employed in life insurance business in understanding the meaning of Risk Appetite, how it is determined and its application. A key aim will be to suggest the possible ways it can enhance value for different stakeholders.
The working party planned to address the following issues:
- How risk appetite is defined and what does it mean to the different insurers
- Importance of risk appetite for the business of life insurance companies and how risk appetite links with return and stakeholder value creation
- Application of risk appetite by life insurers including translation to more operational and granular constraints
- Risk appetite in the context of regulations including Solvency II
- Review the practices adopted by various life insurers for implementing the risk appetite framework (including differences dependent on type of insurer)
This working party disbanded in September 2018.
Outputs:
- Presentation at Life Conference 2015
- Presentation at Global Conference of Actuaries (Mumbai) 2016
- SIAS presentation
- Risk Appetite Literature Review 2016
- Risk Appetite Survey (anonymised) 2017
- Presenting at non-actuarial events (anticipated)
| Chair: | Roelof Coertze |
|---|---|
| Membership: | 5 |
| Established: | 2015 |
Related documents
-
Guidance for Member-Led Research Working Parties
9 November 2017
Contact Details
If you want more information about this research working party please contact the Communities Team.
Events calendar
No results found.