CRO Risk Forum
Chief risk officers have already consolidated their position in the banking industry – where they began – and are increasingly now found in the insurance and reinsurance industry, as well as in non-financial businesses.
As companies in all industries respond to new financial pressures, tougher regulation and emerging business risks, the CRO is fast becoming as one of the most important positions in the management team.
As such, the CRO represents an important market for any provider of risk-related products, from advice and consulting through to risk transfer/sharing alternatives including insurance and reinsurance.
The CRO Risk Forum has been created to provide a forum for CROs in insurance and other businesses to air their views on the challenges they face and the tools they need. The CRO Risk Forum follows on from Reactions' highly successful CEO Risk Forum magazine.
The CRO Risk Forum will be published on www.reactionsnet.com in serialised form in four parts published on July 28, August 4, August 11 and August 18 before being released complete in print form in September.
PART ONE
Foreword by James Lam: “You’ve come a long way, baby.”
James Lam, president of James Lam & Associates, on the changes that are needed in risk management
Risk managing the future
Swiss Re’s chief risk officer Raj Singh and Zurich’s chief risk officer Axel Lehmann suggest what risk managers and (re)insurers can do to ensure they are better prepared for the next financial crisis
Storm-proof capital management
Recent events have shown that risk models need to be stress tested, says Munich Re group chief risk officer Jo Oechslin
PART TWO
Emerging risks - new processes for new risks?
Identifying future risks is crucially important, says Jean-Christophe Menioux, chief risk officer of Axa Group
How to manage risk in perilous times
Sean Ringsted, chief risk officer and chief actuary for the Ace Group, says the financial crisis has taught us some important lessons
Systemic risk – it’s still out there
Can enterprise risk management cope with contagion? Oliver Peterken, CRO of Aspen Re, explains why macro-level systemic-risk should be kept under close review
PART THREE
The path to ERM enlightenment
Eamonn Cunningham, chief risk officer at Westfield Group in Australia, is infusing risk awareness throughout his organisation - with positive results.
CROs – who needs them?
Julia Graham, former chair of the UK’s Association of Insurance and Risk Managers and chief risk officer of the international law firm DLA Piper, discusses the evolving role of the CRO
Bringing ERM into focus
CB Richard Ellis Group has 300 offices worldwide. Tim Bunt, the firm’s chief risk officer, explains how he is conducting an ERM programme to keep them all in harmony.
PART FOUR
The rise and rise of the CRO
Chief risk officers are in the ascendancy but their role needs tying down, say PWC’s Ian Dilks and Paul Horgan
When back to basics is not enough
Risk has moved up the leasing industry’s business agenda, says Frances Watson, chief risk officer at Siemens Financial Services
Risk, blinking in the light
CROs must not leave risks in the dark: that’s where they grow, says Willis Re’s David Ingram