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Johan Brits
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Decks in this class (31)
Part 1 (Ch 1 - 7)
Strengths of the s p erm evaluati...,
Weaknesses of the s p erm evaluat...,
Themes of best practice corporate...
27
cards
Part 2 (Ch 8 - 14)
The components of a corporate str...,
How risk appetite and strategy in...,
Management decisions likely taken...
30
cards
Chapter 1 & 2: What and why ERM?
Defining erm hiv trims,
The components of erm ficmmar,
The benefits of erm to a business...
3
cards
Chapter 3: Risk Taxonomy
Descriptions of the risk faced by...
1
cards
Chapter 4: Internal RFW
Key components of an erm framewor...,
Themes of best practice corporate...,
Role of directors in erm smircc
10
cards
Chapter 5: Mandatory RFW
Merits of a loose governance regi...,
Merits of statutory regulation pe...,
Senior insurers management regime...
10
cards
Chapter 6: Advisory RFW
Areas covered by the coso framewo...,
The components of erm covered cro...,
The key principles of risk manage...
4
cards
Chapter 7: Propriety RFW
Strengths of the s p erm evaluati...,
Weaknesses of the s p erm evaluat...,
Systemic risk main sources mile
11
cards
Chapter 8: ERM processes and structures
The components of a corporate str...,
How risk appetite and strategy in...,
Management decisions likely taken...
6
cards
Chapter 9: Risk Policy
The purpose components of risk to...,
Parameters used to articulate ris...,
Risk limits applied in businesses...
5
cards
Chapter 10: Monitoring and communication
Requirements of good data and its...,
Information that should be docume...,
The attributes of a common risk m...
8
cards
Chapter 11: Stakeholders
The relationships of stakeholders...,
How to manage agency risk bia act,
List of stakeholders grap decs rcp
7
cards
Chapter 12: Governance functions and role of CRO
Cro roles dime promo teccs,
What a cro needs to establish in ...,
Role of the crf marco gom
14
cards
Chapter 13: Business analysis, risk ID and initial assessment
Components of initial risk assess...,
Benefits of risk id and assessmen...,
Potential pitfalls in risk assess...
15
cards
Chapter 14: Introduction to risk measurement
The axioms of coherence propertie...,
Merits of notional approach facto...,
Merits of deviation as risk measu...
14
cards
Chapter 15 Introduction to risk modelling
Potential issues when quantifying...,
Merits of pearson s rho ween,
Considerations of correlations an...
9
cards
Chapter 16: Statistical distributions
Features of a normal distribution...,
Features of a t distribution lsd ttt,
Features of log normal distributi...
10
cards
Chapter 17: Time Series
Stationarity wics tw,
Testing fit of time series models...,
Ar and ma process pel e
10
cards
Chapter 18: Copulas
The properties of a copula iov,
Axioms for a good measure of conc...,
Merits of an explicit copula cei sat
10
cards
Chapter 19: Fitting models
Merits of fitting a copula with m...,
Merits of fitting a copula with m...,
Assumptions of ols nevil
9
cards
Chapter 20: Extreme value theory
Why tail events may be incorrectl...,
Description of gev bitss,
Weibull 0 run
9
cards
Chapter 21: Use of Models in ERM
The uses of models in erm padda p...,
Causes of inappropriate model par...,
Features of a good actuarial mode...
8
cards
Chapter 22: Assessing Market risk
Features assumed for individual e...,
Features assumed for equity portf...,
Changes in equity returns charact...
10
cards
Chapter 23: Assessment of credit risk
Places to obtain information to a...,
Challenges to model credit risk decs,
Factors on which qualitative asse...
14
cards
Chapter 24: Assessment of operational risk
Why operational risk should be as...,
Data used to assess operational r...,
Components to consider for modell...
14
cards
Chapter 25: Assessment of other risks
Why it s difficult to model liqui...,
Components of liquidity risk scen...,
Scenarios tested for liquidity ri...
10
cards
Chapter 26: Risk Optimization and responses
Ways to optimize risk adjusted re...,
Benefits of active portfolio mana...,
Features of a good risk response ...
17
cards
Chapter 27: Management of Market risk
Key activities of market risk man...,
Components of a market risk polic...,
Components of a hedging policy pr...
12
cards
Chapter 28: Management of credit risk
The stages in the credit risk man...,
Components of policy and infrastr...,
Components of credit granting caps
13
cards
Chapter 29: Operational & other risk management
Components of best practice ops r...,
Actions of managing ops risk help...,
Components of continuity and cris...
10
cards
Chapter 30: Capital Management
Purpose of economic capital bamtcr,
Uses of internal capital models b...,
Desirable features of a capital m...
15
cards
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