New: Best Risk Management Practices

29 oct 2008 - by CRO-FORUM

The CRO Forum is pleased to announce a new initiative called Best Risk LManagement Practices. Through our group of large international companies, we are working together to identify best risk practices and sharing our views though these publications with the hope to strengthen risk management practices in the (re)insurance industry and improve the knowledge of risk professionals globally.

The first paper under this initiative is on Liquidity Risk Management for the insurance industry.  This paper outlines 8 key principles for the management of liquidity risk.  The paper covers managing liquidity risk under normal operating environments as well as under the occurrence of extreme liquidity risk circumstances.

We hope you will find this first paper of this series informative and helpful in managing liquidity risk and we look forward to our next publication.