IAA's Risk Book Chapter on ERM Insights from Failures and Near Failures (Part 2)

The Risk Book chapter covering this topic focuses on situations where inadequate ERM processes have led to company failures or near failures. A webinar was held last year that summarized ERM insights from three of the case studies featured in the chapter. This year’s webinar will look at additional companies profiled in the chapter as well as responding to more general ERM topics raised by attendees during the prior session. Issuing arising with companies from Australia, Canada, and Japan will be included in the discussion. Panelists will contrast the current ERM and regulatory climate with the environment that existed at the time of those earlier failures and opine on whether the industry is in a better position now. There will be further commentary on the role of the Board in avoiding failure situations and on how actuaries can support appropriate responses.
Speakers: Stuart Wason, Masatoshi Edo, Tony Coleman
Session moderator: Kathleen Wong