{"id":88,"date":"2015-10-23T19:29:11","date_gmt":"2015-10-23T16:29:11","guid":{"rendered":"http:\/\/www.lc-actuary.com.ua\/?page_id=88"},"modified":"2023-07-26T06:56:59","modified_gmt":"2023-07-26T03:56:59","slug":"sistema-upravleniya-riskami","status":"publish","type":"page","link":"https:\/\/www.lc-actuary.com.ua\/en\/uslugi\/riskovoe-strahovanie-2\/sistema-upravleniya-riskami\/","title":{"rendered":"Risk Management System"},"content":{"rendered":"

<\/h1>\n
\u00a0\u00a0Ukraine gradually prepares for international SOLVENCY II standards. The two important steps for it were Directions number 295 and 484 that were published in February 2014. According to these Directions, each Insurance Company should implement an own risk management system by 30.06.2014, and carry out the stress-testing annually.<\/p>\n
\u00a0\u00a0Risk management system is a collection of methods and actions, aimed to limit the Insurance Company activities\u2019 risk consequences. Its implementation helps the Company to reach its goals with minimal losses.<\/p>\n
\u00a0\u00a0The Stress-testing is a stress-management technique, that is being used to evaluate potential losses within changes in main parameters of insurance portfolio, as well as assets and liabilities positions. This technique identifies the weak and sensitive to changes sides of the Insurance Company.<\/p>\n
\u00a0\u00a0According to all the mentioned above our team provides the following services:<\/p>\n\n
\n \t
Carrying out the stress-testing according to the Direction 484 (13.02.2014), making a report using a regulator-approved form;<\/li>\n \t
Carrying out an extended stress-testing with additional sufficient stresses, making and Actuary report that describes test\u2019s methods and results;<\/li>\n \t
Stress-testing general Consulting;<\/li>\n \t
Making a \u2018Risk Management Strategy\u2019 document based on the Insurance Company\u2019s special features and according to the Regulatory rules.<\/li>\n \t
Developing calculation modules, including methodological basis that considers all the Company\u2019s needs;<\/li>\n \t
Company\u2019s risks\u2019 analysis for the report date. As the result of this work, the Actuary report describes, evaluates, and suggests measures of the risk influence . It also contains the risks\u2019 map and the additional capital size to cover the possible risks. Moreover, it has the Certified Actuary\u2019s recommendations.<\/li>\n \t
Risk Control Consulting according to risk management system and the primary procedures of implementation. This service includes RMS seminar for workers about procedures and methodologies of Risk Evaluation. Constant distant support regarding the upper-mentioned procedures and methodologies.<\/li>\n<\/ul>\n