Insurers have a great deal of experience modelling natural catastrophes and this expertise will be core to how the sector copes with climate change risk. But transferring the knowledge is not straightforward, and getting the right data to the right people remains a struggle, as participants discuss in part one of this two-part roundtable from InsuranceERM and DWS.
What effect will climate change have on the insurance industry, and what can insurers do to mitigate climate risk? Participants in part two of this roundtable from InsuranceERM and DWS discuss the strategic transformations that are needed, and the influence of voluntary and regulatory initiatives on this process
Insurers may have implemented Solvency II but the work of the risk function is far from complete. As well as testing Solvency II systems properly, other issues such as Brexit have risen up the agenda, as chief risk officers discuss in part one of this InsuranceERM/BearingPoint roundtable
While Solvency II work lingers on, risk managers are having to expand their expertise into a broader array of risks – notably in the cyber and technology space – as chief risk officers discuss in part two of this InsuranceERM/BearingPoint roundtable
Presented in conjunction with EY and the Internal Model Industry Forum
In part one this roundtable, held in conjunction with EY and the Institute of Risk Management's Internal Model Industry Forum, model experts at UK insurers discuss their experiences with applications, calibrations and model change processes
In part two this roundtable on internal models – held in conjunction with EY and the Institute of Risk Management's Internal Model Industry Forum – model experts at UK insurers discuss bringing value to the business and whether, in retrospect, it was worth all the pain
Presented in partnership with Aptitude Software
Under the weight of regulatory demands, insurers' finance functions have struggled to deliver the insight that the business needs – and that they want to produce – as financial officers and controllers discuss the part one of this InsuranceERM / Aptitude Software roundtable
In part two of this InsuranceERM / Aptitude Software roundtable, finance leaders discuss how financial analysis is changing, how to deal with the flood of data, and the role that artificial intelligence could play
Insurers carry out stress testing to meet regulatory requirements and build a stronger business. In the first part of this InsuranceERM roundtable held in association with QRM, risk and actuarial executives discuss the metrics they test, how they design scenarios and how to inspire useful actions
In the second part of this InsuranceERM roundtable held in association with QRM, risk and actuarial executives discuss how they deal with stress testing requests and results, incorporating it into the business cycle, and their frustrations and expectations regarding stress testing