News/comment

“Don’t delegate risk control,” Buffett urges CEOs

01 March 2010

Especially where derivatives are concerned

Published in: Risk governance

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Whittington appoints chief actuary

01 March 2010

He will co-sponsor Solvency II implementation

Published in: Risk governance

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“Train, don’t hire, for internal models”

25 February 2010

Towers Watson gives advice for pre-pre-application phase

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

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Survey shows large gaps in Solvency II preparation

24 February 2010

Pre-application process will be “exacting”, FSA warns

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

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“Insurers must reassess risk management”

12 February 2010

E&Y identifies the most significant challenges for the industry in 2010

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

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UK insurers face extra governance test

10 February 2010

FSA move means firms will see two major overhauls by 2012, says law firm RPC

Published in: Risk governance, Regulation - supervision

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Torus appoints group CRO

01 February 2010

Carl Groth joins from Deloitte

Published in: Risk governance

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Solvency II role created at SCOR

27 January 2010

Series of senior appointments announced

Published in: Risk governance

Analysis

Torus builds its risk management framework

18 February 2010

Under new CRO Carl Groth, the framework is being closely integrated with the business and risk analytics are seen as an important driver that gives the company a competitive advantage.

Published in: Risk governance, Regulation - supervision

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Aviva covers all the angles on Solvency II

09 February 2010

The company’s director of group solvency, Teddy Nyahasha, explains Aviva’s goal of a collective group view of risk, the value of dialogue with continental European regulators and the lessons learned from the ICAS regime. Interview by Jessica Baylis

Published in: Risk governance, Regulation - supervision

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Better integration and communication of risks needed

06 January 2010

This should be the aim of insurers in 2010, along with a more pragmatic approach to modelling and lobbying for simpler regulation. Industry experts outline these and other developments they’d like to see in ERM this year

Published in: Corporate strategy, Capital - models, Risk governance, Software, Regulation - supervision

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2010 will bring many challenges, warn risk experts

05 January 2010

Among them: increasing regulatory burdens, a talent shortage, investment dilemmas and looming inflation. Our panel of industry soothsayers spell out their concerns.

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

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How ERM evolved over the past year

22 December 2009

Fourteen experts pick the key lessons learned for risk professionals in 2009. Their views on what to expect in 2010 will be posted after the holidays.

Published in: Capital - models, Risk governance, Insurance risk, Investment risk, ALM, Market risks

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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