Elevated status: insurance CROs overshadowing investment peers

Europe’s risk-based capital approach is adding clout to the role of the CRO


In times of war or domestic crisis the Roman Republic appointed a single leader and dissolved the senate. The objective of Rome’s approach was to reduce risk at a difficult time by dedicating responsibility to an individual.  

For insurance regulators in Europe, the question of how to protect policyholders and the wider economy has had a somewhat similar outcome – with policy-makers investing greater power in the chief risk officer (CRO).

Along with increased responsibility, Solvency II gives

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 individual account here: