18 min listen
Learning from Loss
ratings:
Length:
18 minutes
Released:
Feb 22, 2023
Format:
Podcast episode
Description
A major loss often causes management to question past decisions. They might even reverse some of them, but this may be an overreaction. The Chief Risk Officer improves the discussion by bringing a systematic review of the risk related decisions that preceded the loss. In many cases potential problems can be fixed without taking drastic and dramatic actions.
Released:
Feb 22, 2023
Format:
Podcast episode
Titles in the series (33)
Moderately Adverse Conditions: We have generally used a continuation of the current environment as our base assumption. But now, with the encouragement of the NY DFS, that is being treated as worse than “Moderately Adverse” scenario. Insurers need to develop a robust set of stress... by Crossing Thin Ice