Wednesday, 8 June 2011

Lloyds of London - Governance, Risk Management and Use workshop

Some excellent material in this presentation which shows progress to date on these Lloyds worstreams. I noted;
  • Seemingly the majority are behind the expected self-assessment score for Model Governance at this point in time
  • ORSA process, outcomes and documentation work therefore necessarily further behind
  • Actuarial function preparation providing thick range of self assessment scores at the low end
  • Rest of the presentation has some good elements on Risk Appetite and Use Test
Obviously has some uses for benchmarking as well.

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