Archive

Mind the scenario testing gap, operational resilience survey tells insurers

Latest benchmarking exercise of 35 UK firms conducted by Sicsic Advisory and Oric International

MassMutual joins Oric International

UK insurers hailed for progress on operational resilience rules

Findings from industry survey conducted by Oric International and Sicsic Advisory

UK insurers face "hard yards" to implement operational resilience rules

Oric and Sicsic Advisory's readiness survey reveals mixed progress towards March deadline

Insurers urged to improve third-party risk management

Crowe and Oric International highlight the role of third-party risk in building operational resilience

Michael Bartholomeusz named chair of Oric International

Operational risk consortium reveals other changes to its board

Insurers to rethink operational resilience post Covid-19

Insurers' operational risk management already faced scrutiny before the Covid-19 pandemic. Now, experts from Crowe and Oric International expect operational resilience to become a priority for management. Ronan McCaughey reports

IMIF publishes guidance on op risk modelling and insurance purchases

Survey highlights variation in practice across the industry

Insurers share tips for keeping emerging risks meetings fresh

Not all risks change quickly over time

Op risk losses worsened by negative reporting

Best solution is to be open and straightforward, says Oric