Basel provides guidance on the use of insurance as a mitigant

Insurance covered


The Basel Committee on Banking Supervision’s standards implementation subgroup on operational risk (Sigor) has published its long-awaited paper: Recognising the risk-mitigating impact of insurance in operational risk modelling. This paper is the culmination of a process lasting more than two years for regulators to acknowledge and agree on the parameters for awarding capital discounts for the use of insurance in banks using an advanced measurement approach (AMA) for operational risk under Basel

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:

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 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: