Market mixed over Sigor’s insurance paper

BASEL – The consultation paper issued by the Basel Committee on Banking Supervision’s standards implementation sub-group for operational risk (Sigor), Recognising the risk-mitigating impact of insurance in operational risk modelling, has received widely varying responses despite its restricted consultation group of 60 firms. One camp sees the paper as a largely positive step, while the other says it is too restrictive and will deter firms from applying for a capital reduction.

Sigor’s main

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: