ReAssure Alliance Group has emphasised the growing importance of transitioning from speculative risk approaches to structured operational risk management frameworks, as organisations confront increasingly complex business environments. The group highlighted that many organisations historically focused on speculative risks—those linked to Read More …
Tag: risk frameworks
ReAssure Alliance Advocates Shift Toward Operational Risk Management
Risk Management Explained
Risk is a fundamental part of every business endeavor. It represents the chance that an unexpected event could adversely affect objectives, resources, or operations. Whether a new product launch or a merger, every strategic move carries inherent risks. Effective risk Read More …
Storytelling Style – What We Learned When We Took COSO ERM Seriously
We used to think risk was a compliance thing. Something legal handled. Something we’d talk about once a year. Until we had a product launch flop — not because of the product, but because of a risk we didn’t see Read More …
Three Ways Small-Business Owners Can Mitigate Risk During A Recession
A recession is coming. Maybe not today. Maybe not tomorrow. But soon. While it probably won’t last for the rest of your life, a recession is coming. That’s fact. Even though there are warning signs to look for—elevated interest rates, deflation, stock Read More …
Strengthening risk frameworks
Interest rates might be a challenge, but they are also an opportunity for insurers, Gus Ortega, head of operational risk management at Voya Financial, tells Risk.net Ortega warns that insurers must adopt a more comprehensive operational risk framework against known Read More …