Answered You can hire a professional tutor to get the answer.
Effective risk financing and capital management requires a complex understanding of many aspects of an insurance company.
Effective risk financing and capital management requires a complex understanding of many aspects of an insurance company. In particular, the insurer's ability to take on risk, the appetite for risk amongst key stakeholders, the nature of risks faced by the insurance company and the insurer's access to external and internal sources of risk financing. Understanding these important features of an insurer's risk environment is arguably achieved from a robust, in-depth and informative evidence base of data.
Required:
Write a report for the senior management team that provides a review of the effectiveness of current reinsurance and risk financing methods used by insurance companies in your country for managing their capital requirements. Highlight any weaknesses identified and include the appropriate risk-based strategies and techniques that could be employed to improve reinsurance and risk financing decision making.
