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Testing to destruction

Reverse stress testing is set to become standard practice under Solvency II as part of the validation process for internal models, yet for most European insurers such tests are a new concept. Clive Davidson examines what can be learned from the UK, where…

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Tools for fraud prevention

Non-criminal responses to fraud, in many instances, can result in faster and more effective resolution of cases. Yet many firms are unaware of the full range of sanctions at their disposal

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