P666
–ENTERPRISE RISK MANAGEMENT (NON-LIFE)
Background:
More importantly, Leaders in the today’s corporate world must be able
to identify and manage not only the core insurance business risks but also
proactively manage external risks originating from economic, environmental,
strategic, political, operational and technological changes.
Ø
Own
Risk Solvency Assessment (ORSA) and its implications on General insurance
companies
Ø
Development
of Advanced Capital Model and Allocation of Capital in accordance with the risk
profile of company
Ø
Asset Liability Management (ALM)and it’s implications on Market and
Liquidly Risks.
Ø
Risk Mitigation Strategies including Reinsurance and ART mechanism to
manage all the major risks comprehensively.
Ø
New
updated COSO Principles and ERM Guidelines by IAIS
Ø
Own
Risk Solvency Assessment (ORSA) and its implications on General insurance
companies
Ø
ERM
and Business Strategy; Integration of Risk Models with the insurer’s business
strategy and plan.
Ø
Assessment
of Insurance Business Risks in the context of RBC and ORSA guidelines
Ø
Development
of Advanced Capital Model and Allocation of Capital in accordance with the risk
profile of company
Ø
Asset
Liability Management (ALM)and it’s implications on Market and Liquidly Risks
Ø
Investment
Risks and Risk Mitigation Strategies
Ø
Management
of Operational Risks including Cyber Risks; Assessments and Mitigation
Strategies including Data Retrieval and Business Continuity Planning.
Ø
Social
Media and Reputation Risk; Assessment and Implications on Insurance Business
Ø
Rising
Exposures of Emerging Risks including Catastrophic and Pandemic Risks;
Assessment and Risk Mitigation Strategies, including Reinsurance and Alternative
Risk Transfer Mechanism (ART) and Risk Pool.
Participants’ Profile:
I.
24.05.2023-26.05.2023
II.
26.02.2024-28.02.2024