The Faculty & Institute of Actuaries his published a paper called ERM for Insurance Companies – Adding the Investor’s Point of View, on January 22, 2010. The abstract reads: A major outcome of ERM activities in insurance companies has been…
Tim Leech writes about the actuaries approach to operational risk
I am posting the link to Tim Leech’s commentary about the paper titled A New Approach for Managing Operational Risk: Addressing the Issues Underlying the 2008 Global Financial Crisis. If you are not following @LeechGRC on Twitter or read theiia.org,…
Actuaries talk about operational risk
The actuaries have issued a pretty decent document titled A New Approach for Managing Operational Risk which combines the basic risk management content for newbies with the right about of quant-type stuff. The document also makes some interesting distinctions between…