Interviews - Must have the right risk structure
Think Tank – The Geneva Association : Solvency II and incentives for systemic risk exposures
Risk Management Feature - Chemical Pro Action
Risk Management Feature - Underwriting in MDF factories
Risk Management Feature - Putting the concept of Three Lines of Defense to work for you
ERM Feature - Aspirational leadership can help support a risk management culture
At the Singapore International Reinsurance Conference (SIRC) last year, Dr Nikolaus von Bomhard, Chairman of the Board of Management, Munich Re, highlighted the importance of disciplined financial steering and having a responsible risk management culture. We talk to him about this and more.
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Solvency II has changed profoundly during the last months and years. Mr Philipp Keller of Deloitte shows how Solvency II in its current formulation gives incentives – if not checked by strong supervision – for insurers to invest in risky and illiquid assets.
Reactive chemical accidents pose a significant threat. Mr Stuart Selden from FM Global explains how flexible services and specially trained engineers help chemical customers reduce their risks.
Mr Xiaoling Qin of Mitsui Sumitomo Reinsurance Ltd discourses comprehensively about the nature of the associated fire hazard in Medium Density Fireboard (MDF) factories and the need for protection through critical checkpoints.
Mr Monson Marukatat of The Siam Commercial Samaggi Insurance PCL shares provides insightful experience about implementing this concept in an insurance company.
It is most challenging task, trying to implement a successful risk management culture. In this respect, Mr Bob Aubrey and Mr Julien Parasie, both from Mazars, elaborate on the Aspirational Leadership concept and how this can support such a culture.