News

PRESS RELEASE NEW CHAIRMANSHIP 2017

Posted on by CRO Forum

Bernhard Kaufmann,  Group Chief Risk Officer of Munich Re and Vice-chair of the CRO Forum in 2016,  has been elected CRO Forum Chairman for 2017. Bernhard joined Munich Re Group in 2000. He has been Chief Risk Officer of Munich Re (Group) since January 2014. From 2008 to 2013 Bernhard was Chief Risk Officer for […]


ERI Risk Radar 2016

Posted on by CRO Forum
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The CRO Forum’s Emerging Risk Initiative is committed to continuously improve risk management and identify emerging risks within the insurance industry. The Emerging Risk Initiative identified the current emerging risk which are expected to have a significant impact on insurance claims within 1 to 10 years. These risks are descripted in the 2016 update of […]


Low Interest Rate Environment

Posted on by CRO Forum
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Low Interest Rate Environment – When the going gets tough, the tough get going The continues drop in interest rates creates major challenges to be faced by life insurers. In particular, the current market environment is exceptionally challenging for those life insurers who carry long-term traditional life guaranteed products. This paper provides a qualitative analysis […]


Water Risk

Posted on by CRO Forum
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Water risks are often underestimated, disregarded or simply ignored. They represent major emerging risks for the re/insurance industry and for global society in terms of scarcity, pollution, health, treatment, conflicts, regulatory and reputational risks. Water risks are complex to assess. Such difficulty stems from the paradoxical nature of water: it is plentiful to many yet […]


DTA in SCR

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Solvency II – Tax? Not my cup of tea! The reality is, that under Solvency II taxes do concern every insurance undertaking, since (deferred) taxes can have a significant impact on the Solvency Capital Requirements (SCR) and in consequence on the solvency ratio. One way the solvency ratio could be impacted, is through the recognition […]


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