Three lines of defence: a necessity or a nuisance?

Published in: Risk, Risk management, Regulation, Solvency II

Companies: Allianz, Pension Insurance Corporation, OneFamily, Tokio Marine, Willis Re

The three lines of defence model has become a fixture for enterprise risk management in the insurance sector. But after nearly two decades since its introduction, does the model still have a place within the insurance industry or are changes needed? Paul Walsh investigates

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