Enterprise Risk Management (or ERM for short) is a relatively recent name used to describe the risk management framework and function of a company.
Using a range of software tools and techniques, including stochastic financial modelling and internal capital models, we can help our clients gain a better understanding of their risk profile and exposure with a view to more clearly articulating risk appetite and quantifying risk tolerance. With a clearer articulation of risk appetite and tolerance, insurers are better positioned to make appropriate decisions in relation to new product opportunities, capital requirements, reinsurance arrangements, strategic asset allocation and the loadings required within premiums to provide appropriate returns on capital.
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