Models Capital, Risk

Analysis

Candace Woods: engineering financial wellness

Prudential Financial's chief actuary talks to Christopher Cundy about her role in improving diversity, reforming its actuarial team and the regulatory challenges facing the insurer.

Climate risk management: the heat is on

Managing financial risks from climate change is becoming an important issue for insurers. Ronan McCaughey speaks to firms about the tools they use to gauge climate risk - and how they plan to deal with this major global challenge

InsuranceERM's Technology Guide 2018-19 is now live

Christopher Cundy introduces this year's guide to risk, capital and asset management software

Tokio Marine overhauls risk management systems

The Japanese insurance group has upgraded its risk management processes to eliminate manual interventions and deliver an enhanced view of group risk. Christopher Cundy reports

Capital modelling: building a better correlations matrix

Correlation matrices have a major influence on how internal models allocate capital, but conventional processes sometimes struggle to make sense from a business perspective. Colin Kerley suggests an alternative approach

How to implement an effective and compliant model validation process

Ashish Kwatra and Jennifer (Kang) Khaleghy continue to share their experiences around successful internal model approval programmes with a focus on independent model validation – an area closely scrutinised by the regulator