News/comment

Standard Life fine illustrates complexity of op risk

26 January 2010

The “risk and control chain of responsibility” is key, expert says

Published in: Risk governance, Operational risk

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“Risk tolerance is key to operational risk”

15 January 2010

Report says there is not enough practical guidance on managing the risk

Published in: Operational risk

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IERM’s top stories chart 2009’s risk management challenges

27 November 2009

The financial crisis and the toughening demands of Solvency II have been a combined test like no other for companies this year

Published in: Corporate strategy, Capital - models, Risk governance, Insurance risk, Investment risk, ALM, Market risks, Operational risk, Longevity - mortality, Catastrophe - weather, Software, Regulation - supervision

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Internal model rules unchanged and onerous

13 November 2009

The liquidity premium, operational risk and own funds are the big three changes in CEIOPS’ final advice, says KPMG

Published in: Capital - models, Operational risk, Regulation - supervision

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Speakers confirmed for global ERM webinar

06 November 2009

Tom Wilson is joined by Kathryn Morgan, Andrew Hitchcox, Seamus Creedon and others

Published in: Capital - models, Risk governance, Operational risk

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Aon promotes ERM for pension fund management

21 August 2009

The focus is on non-financial, operational and strategic risks

Published in: Risk governance, Operational risk

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Op risk charge is "excessive and punitive"

09 July 2009

Hiscox's Val Amos says CEIOPS' paper is a missed opportunity

Published in: Operational risk

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Experts react to CEIOPS’ consultation papers

07 July 2009

Watson Wyatt has published its initial analysis of the 1,100 pages of documents put out last week.

Published in: Capital - models, Insurance risk, Market risks, Operational risk, Regulation - supervision

Analysis

Operational risk management raises more questions than answers

16 December 2009

Most economic losses have an operational component, yet insurers are still reluctant to commit resources to managing a risk where modelling techniques and management know-how are still in their early stages. Jessica Baylis reports

Published in: Capital - models, Risk governance, Operational risk, Regulation - supervision

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Pluses and minuses: the final advice weighed up

13 November 2009

KPMG’s Elliot Varnell analyses the key issues in the CEIOPS documents

Published in: Capital - models, Operational risk, Regulation - supervision

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Why operational risk fits pillar II best

20 January 2009

The standard model in Solvency II is totally inadequate for operational risk. Many in the industry know this. But nothing is likely to change before 2012. By Jessica Baylis

Published in: Operational risk, Regulation - supervision