Insurers upgrade management actions models

The missing piece

Painting

Insurers’ internal models are like jigsaw puzzles. If there are pieces missing, the final picture doesn’t quite make sense. The rise of enterprise risk management (ERM) and risk-based regulatory regimes such as Solvency II have encouraged firms to fill in many of the larger gaps in their models. But some smaller ones remain.

One of the remaining gaps relates to the modelling of dynamic management actions (DMAs) to an appropriate level of detail.

DMAs comprise those actions made at the discretion

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: