1887

n South African Actuarial Journal - Risk-position reporting in the South African life-insurance industry

Volume 2, Issue 1
  • ISSN : 1680-2179

Abstract

Risk management is central to the running of a successful insurance operation. This means that insurers must be able to measure and monitor their risks using risk-management tools that will effectively help them manage and exploit these risks. This paper considers risk-reporting techniques in the life-insurance industry in South Africa, reporting on the results of a survey of current practice. Liability risk, asset risk, asset-liability risk, and operational risk are each viewed separately. The current state of reporting is considered and a view is taken as to the future outlook, identifying areas for potential improvements in risk reporting. Additionally, comparisons are made with current practices outside South Africa, particularly in North America.

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/content/actu/2/1/EJC17082
2002-01-01
2020-09-19

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