I spotted this on Guy Carpenter's "most read" list, and even though it is 2009-old, I liked the definitional attempts for Risk Profile (which they have as qualitative), Risk Appetite (which they fix as risk/return determining high or low appetite) and Risk Tolerance (quantitative piece).
Some of this runs contrary to Sol II approach that the ORSA will obligate firms to report on (profile in particular would not get through the front door), so this is handy for illlustrating the shifting sands of risk terminology.
An online repository for Solvency II, ERM and Corporate Governance material and comment from the Principal of Governance Matters, an independent Risk Consultancy firm based on the Isle of Man.
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