These are the musings of a working party. Its continuing mission: to explore strange new scenarios, to seek out new drivers and new cohorts, to boldly go where no actuary has gone before so that we, as a profession, can continue to live long and prosper
Good enterprise risk management needs everyone in an organisation to have a consensus on the subject. This is about much more than producing a risk glossary. It's about developing a framework that improves the overall management of the business and then linking this with the business model, says John Bielski