Blogger Archives: Dave Ingram

Dave Ingram

Dave is an Executive Vice President of Willis Re, specialising in theory and practice of ERM for insurers. Based in New York, Dave has more than 30 years of actuarial and general management experience in the insurance industry and has published and spoken about ERM all over the world. In 2012 he was named by @TreasuryandRisk as one of the 100 Most Influential People in Finance. You can follow Dave on Twitter at @dingramerm (views his own – not Willis’).

Top 10 of 2014 – #1: Guide to ERM: Writing an ORSA Report

Reports

Insurance regulators have made the Own Risk and Solvency Assessment into one of the global Insurance Core Principles that need to be adopted in all countries. Continue reading →

Top 10 of 2014 – #2: Guide to ERM: Risk Measurement & Reporting

Measure

Peter Drucker is reported to have once said “what gets measured, gets managed.” That truism of modern management applied to risk as well as it does to other more commonly measured things like sales, profits and expenses. Regulators take a similar … Continue reading →

Top 10 of 2014 – #3: Guide to ERM: Risk Identification

TS-Man-with-Binoculars-7786

There are a number of common threads linking the emerging regulatory guidelines; one of these is the fundamental importance of risk identification. Continue reading →

Top 10 of 2014 – #4: Guide to ERM: Risk Appetite and Tolerance

fork and plate

Insurers are increasingly being asked to explain their approach to risk management and as a part of that discussion to clarify their risk appetite. Rating agencies are all asking about risk appetite. Regulators around the world will all soon require … Continue reading →

Top 10 of 2014 – #5: The Difference Between Risk and Loss

risk vs loss

Risk management has caused many people use the word RISK when they should be saying LOSS. And there is a world of difference between the two. Continue reading →

Top 10 of 2014 – #10: Guide to ERM: Stress Testing

egg in vice

Generally speaking, a stress test is an assessment of the financial impact of changing a specific variable, without regard to the likelihood of this change. Continue reading →

How to Communicate With Your CEO About Risk

Talking to CEO

What’s the job of a CEO? When you come down to it, a CEO’s job is to make decisions. The right decisions. Knowing your CEO’s priorities is key to communicating effectively. Continue reading →

ERM in Practice: Risk Limits and Controls

speedometer

One of the core elements of a thorough ERM strategy involves setting risk limits and controls. This practice forms an essential link in every organization’s risk management cycle, which includes identifying, assessing, taking, mitigating, monitoring, and responding to risk. Continue reading →

ERM in Practice: Risk Identification

police lineup

Insurers recognize the importance of identifying and classifying their important risks as a major organizing idea for their ERM processes. For our ERM in practice series, we’ve looked to the 2013 annual reports of a dozen global insurance and reinsurance … Continue reading →

ERM in Practice: Risk Measurement

ruler

In our second installment of the ‘ERM in Practice’ series, we look specifically into the 2013 Annual Reports of eight global insurance companies (five European and three Non-European) and four international reinsurance groups with the purpose of identifying commonalities in … Continue reading →

Posts by Author in Portuguese:

A Diferença Entre o Risco e a Perda

risk vs loss

A gestão de risco tem feito muitas pessoas substituírem uma palavra de quatro letras por outra. Eles usam a palavra RISCO quando deveriam dizer PERDA. E há um mundo de diferença entre os dois. É a diferença entre o brilho … Continue reading →

Guia para ERM (Enterprise risk management): Mensuração de Risco e Relatórios

Measure

Peter Drucker é conhecido por uma vez ter dito: “o que é mensurado, é gerenciado.” Esse truísmo da moderna gestão aplicada ao risco, assim como ele faz para outras coisas mais usualmente medidas como vendas, lucros e despesas. Reguladores têm … Continue reading →

Desenvolvimento de um flexível Programa Enterprise Risk Management

O processo de desenvolvimento de um novo Sistema de Enterprise Risk Management (ERM) é, muitas vezes, desconcertante para os gerentes de negócios experientes. Com a maioria dos novos projetos, a abordagem padrão é definir completamente um projeto com antecedência e … Continue reading →

Empresa de Gestão de Risco em tempos de dificuldades

working under a tight budget

A boa notícia para os gestores de risco é: desde que os tempos começaram a ficar difíceis, empresas de gestão estão ouvindo sua mensagem. A má notícia para os gestores de risco é: desde que os tempos começaram a ficar … Continue reading →