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Emerging risks survey reveals "post-crisis" thinking
04 April 2014This year's poll of North American risk managers shows a shift in concern away from the economic crisis and towards issues such as regulatory change and cyber risk. Christopher Cundy speaks to its author, Max Rudolph
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World catching up with Europe on risk disclosure
28 March 2014Guy Carpenter's latest study into ERM disclosures revealed insurers have made great leaps forward, with the most significant improvements among firms based outside Europe. The spectrum of risk metrics remains wide, but is becoming more consistent, the brokerage says.
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RSA's Irish losses - bad luck or bad management?
19 March 2014RSA's risk management was put under the spotlight last year by a host of unfortunate events, not least an accounting scandal that contributed to a £200m loss at its Irish division. Exonerated by external auditors, the incident has nonetheless raised questions around RSA's risk culture. Sarfraz Thind reports
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Understanding Solvency II's new transitional measures
13 March 2014Solvency II may have an official implementation date of 1 January 2016, but insurers are being given years to get their house in order. Alison Matthews outlines the key transitional provisions recently introduced to the legislation, focusing on the tricky question of equivalence
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Insurers' models introduce poorly understood risks
26 February 2014Models have become indispensable to managing a modern re/insurer, but their use is creating new risks that are not well understood. Christopher Cundy speaks to the insurer and the academic who are leading a major project to study the systemic risks in modelling
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Raising the standard of internal model governance
05 February 2014Internal models are increasingly used for decision making and producing figures for financial reports, but model governance procedures have not kept pace with these changing demands. Dominic Rau and Christian Wegmann outline a framework for improving assurance
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Panizza overhauls Generali's risk management
10 January 2014After some torrid years, Italian insurer Generali is undergoing a massive transformation aimed at restoring its profitability. Chief risk officer Sandro Panizza explains to Christopher Cundy how, one year into the job, he is changing the risk management function
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ERM basics: Proxy techniques enable risk-based decision making
08 January 2014Proxy techniques, such as least squares Monte Carlo, allow faster analysis of risks and for many insurers they have become essential tools for aiding decision making, as Brian Robinson explains
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Solvency reform a priority for US regulators
20 December 2013US insurance supervision is inefficient and inconsistent, according to the Federal Insurance Office, which has made its long-awaited recommendations for reform. Among its prime targets are solvency regulation, reserving and treatment of captives. Christopher Cundy reports
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Scor takes a dynamic approach to solvency targets
10 December 2013Scor's new strategy has introduced the concept of a dynamic solvency target and a capital-setting framework around which all aspects of the business will be managed. Chief risk officer Philippe Trainar explains to Christopher Cundy how - and why - it works.