The conversation surrounding the inclusion of insurance within regulatory capital frameworks, whilst not new, remains a critical area for exploration in risk management. Over the past two decades, this concept has evolved, yet its practical application continues to challenge many professionals.
At WTW, we have taken a deep dive into this subject to shed light on both the complexities and the opportunities inherent in this integration.
3-8% The expected benefit on operational risk capital requirements for banks.
15-20% The expected benefit on operational risk capital requirements for asset managers and insurance companies.