Insurers plan operational risk proposals for early November

The firms, grouped together in umbrella organisations such as the Basel Accord Insurance Working Group and the Property & Casualty Insurance Industry Working Group, believe they can allay global banking regulators’ fears that op risk insurance is not really up to the job of quickly and efficiently mitigating operational risks faced by banks.

The Basel Committee on Banking Supervision, the architect of Basel II and the body that in effect regulates international banking, told insurers in June

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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: