APRA's risk-based prudential framework has been an important part of life for general insurance companies for the best part of the last decade. However, the Global Financial Crisis has demonstrated that no organisation can afford to ignore the importance of continually reviewing their risk appetite and risk profile and seeking means to better manage and mitigate risk exposure.
Solvency II is fast approaching in Europe and will force all insurers in that region to think about risk in a much more comprehensive and robust manner than they have in the past. Such international developments will inevitably influence how insurers in our region manage risk and ensure a continually evolving risk management environment.
Quantium, through a combination of our significant experience in financial risk analysis and management and world-class software tools, are well placed to work closely with our clients to help them make important strategic risk-related decisions.
TOP