Enterprise Risk Management

In a world fraught with uncertainty and growing demands from regulators, shareholders, rating agencies, and other stakeholders, organizations face an environment where the margin of error has become increasingly tight.
A disciplined and systematic approach is needed to manage risk in an integrated manner. It involves avoiding unanticipated losses, managing uncertainty and capitalizing on opportunity. Solvency II is a regulatory framework founded on ERM principles being adopted by insurance companies.

How can we help?

At SHMA Arabia, we believe organizations need to embrace a broader perspective of risk and manage them proactively in a holistic fashion. Our wealth of experience working with insurance companies and Takaful operators in the region put us at a significant advantage over others through our deep understanding of the risks that these organizations face. Our solutions and services are provided by a diverse team of actuaries, risk management experts, IT and system experts and HR professionals.

We assist companies with developing the following:

• Enterprise risk management framework
• Key risk identification
• Risk management policies and procedures
• Risk appetite, controls, mitigation, retention, transfer and management strategies
• Risk measurement and quantification
• Asset liability management
• Optimal investment strategy design
• Capital Modeling