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Risk appetite

Practical issues for the global financial services industry

Defining the organisation’s willingness and ability to take on risk is a fundamental first step in an enterprise risk management (ERM) program. Although important, risk appetite is often difficult to implement across the organisation and raises a number of practical issues. In a recent paper, ' Risk appetite: practical issues for the global financial services industry' (PDF, 126KB), Trowbridge Deloitte actuaries  Caroline Bennet and  Kelly Cusick consider the topic of risk appetite for insurers and, in particular, discuss learnings and emerging practices from financial institutions globally.

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