Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...

Jireh, a reinsurance innovation solutions provider, and Strategic Risk Solutions (SRS), an independent insurance company ...

Atkar: Not necessarily on operational risk. For instance, the recent Basel paper on the treatment of insurance to mitigate operational risks proposes arguably a more complicated approach than ...

Operational risk is the potential loss to earnings due to people, processes, technology, and external events. Earlier this summer, Deutsche Bank also agreed to pay $75 million in lawsuit settlements, ...

The U.S. bank supervisory agencies recently issued for public comment revised guidance regarding the implementation of the proposed Basel II-related, risk-based capital requirements. Among the ...

Following the global financial crisis that began in 2007–08, policy- makers have multiplied their efforts and implemented reforms to strengthen the resilience of the financial sector. But – while ...