There's a world outside of banking...

For a while now I have thought that financial services firms could learn a lot from the operational risk management practices employed by businesses in other industries, particularly those that are also highly regulated, such as petrochemicals, aviation and nuclear power. But many operational risk experts in the banking world tend to have the impression that what they do is, one, streets ahead of anyone else, and two, so different that it is impossible to compare it with other industries

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The future of life insurance

As the world constantly evolves and changes, so too does the life insurance industry, which is preparing for a multitude of challenges, particularly in three areas: interest rates, regulatory mandates and technology (software, underwriting tools and…

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