ERM for an Insurer: Challenges and Prospects
E P Morgunova, G I Bolkina
E P Morgunova
Available Online 17 March 2020.
- https://doi.org/10.2991/aebmr.k.200312.199How to use a DOI?
- The paper presents analytical and practical study of implementing ERM at an insurance provider; such providers are institutional investors and constitute a major force in the global investment market. The paper dwells upon the key challengers and prospects of this aspect of management. It identifies the core trends of ERM implementation at insurance providers. The paper further defines the core components of ERM, organization and management, strategic planning and risk tolerance, risk identification and presentation, as well as the main steps of implementing a risk management system for an insurance provider. It also proposes a mechanism for implementing an insurance provider’s risk management system. A comprehensive and holistic mechanism is presented herein for the analysis and comprehension of ERM-related challenges; the mechanism could be of use for insurance businesses.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - E P Morgunova AU - G I Bolkina PY - 2020 DA - 2020/03/17 TI - ERM for an Insurer: Challenges and Prospects BT - Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2020) PB - Atlantis Press SP - 1449 EP - 1457 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.200312.199 DO - https://doi.org/10.2991/aebmr.k.200312.199 ID - Morgunova2020 ER -