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Operational Risk Control with Basel II
book

Operational Risk Control with Basel II

by Dimitris N. Chorafas
November 2003
Intermediate to advanced content levelIntermediate to advanced
400 pages
12h 48m
English
Butterworth-Heinemann
Content preview from Operational Risk Control with Basel II
266 Operational Risk Control
and control procedures are two of the challenges lying ahead.’ This is true all over
business and industry. Section 12.6 takes the shipping business as a case study.
12.6 Analytical studies are the way of being in charge of risks
Just as banks must do appropriate research on credit rating prior to giving major
loans, the best managed insurers must study what they can expect in terms of risk and
return prior to underwriting a policy. It serves little to become an aggressive insurer
without lots of homework to back up one’s moves regarding:
Risk being assumed, and
The actuarial view of fair premium.
A good deal of the research ...
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Publisher Resources

ISBN: 9780750659093