The economic globalisation as well as the digital revolution and associated consequences have led organisations in all industries to put risk management at the heart of their governance. They have done so by implementing Enterprise Risk Management (ERM) frameworks and increasing their Chief Risk Officer’s (CRO) role and responsibilities. ERM …
With more than 200 active reinsurance captives, the Luxembourg financial centre is considered the European leader in the market. This is mainly due to its stable legal, regulatory and tax framework—confirmed by the maintenance in 2022 of Luxembourg’s AAA financial rating—as well as the highly qualified international professionals and specialists …
The stereotype that actuaries can only work in the insurance industry focusing on reserves and premiums is wrong, and, unfortunately, they are stuck with this prejudice to this day. That said, we have to admit there is some truth to it as indeed the majority of actuaries are still busy …
