Operational Risk Management

The direction of risk management for insurance companies has been already clearly defined with the "Mueller-Report" in 1997. Targeting a close development to "Basle II", but exceeding it with

Since many years Operational Risk Management is in the insurance business a successful product offered to enterprises in form of "business disruption insurance policies".

Solvency II has recognised ORM as a valuable bundle of tools in order to protect insurance companies themselves against operational risks.