The smart phone checking your blood pressure, your car’s navigation system, your web navigation - just three examples of solutions that, in addition to making your daily life easier, produce data representing your health and [...]
Emmanuel Van Grimbergen, Chief Risk Officer of Ageas and vice-Chairman of the CRO Forum in 2015, was elected CRO Forum Chairman for 2016 during the fourth quarterly meeting of the Forum in December 2015. Before [...]
Renzo Avesani, Chief Risk Officer of Unipol and Vice-Chairman of the CRO Forum in 2014, was elected CRO Forum Chairman for 2015 during the fourth quarterly meeting of the Forum in December 2014. Renzo’s previous [...]
In 2014 the CRO Forum members have developed a recommendation for minimum data standards for reporting loss events to an operational risk (OpRisk) loss data consortium. Currently, different providers for loss database services use their [...]
The CRO Forum celebrated its 10 year anniversary in 2014. Keynote speakers were invited to the anniversary event, exchanges of views and information took place and discussions were held. Three interviews with individuals closely associated [...]
The 2014 White Paper on Operational Risk is an update to the 2009 CRO Forum White Paper. The primary objective is to highlight the development of operational risk in the insurance industry. The White Paper [...]
Over the last several years, there have been well publicized industry incidents linked to costly failures which could have been, in part, prevented by stronger relationships between the Chief Risk Officer (CRO) and parts of [...]
The CRO Forum believes that scenario analysis and stress testing are valuable tools for (re-) insurers’ risk and capital management processes. They provide important insight and complement results from internal economic models. There is a [...]
Marco Vet, director Risk & Compliance of Achmea and Vice-Chairman of the CRO Forum in 2013, was elected CRO Forum Chairman for 2014 during the fourth quarterly meeting of the Forum last week. The CRO [...]
Diversification is at the heart of insurance business and risk management. The CRO Forum continues to believe that recognising diversification benefits provides a key tool in meeting policyholder protection and financial stability objectives. This paper [...]
