Recent developments in operational risk management, guidelines by the rating agencies and the forthcoming Solvency II regime increase insurer’s focus on operational risk. Insurers consequently have to decide on their approach to managing operational risk.
Grinsven, van. Jürgen H. M., Bloemkolk, Remco., Solvency II Understanding Operational Risk. In Bank en Effectenbedrijf, Juni 2009, pp. 16-19.