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A New Approach for Managing Operational Risk: Addressing the Issues Underlying the 2008 Global Financial Crisis

Research Projects in Risk Management


The Casualty Actuarial Society, Canadian Institute of Actuaries and the Society of Actuaries' Joint Risk Management Section is pleased to make available a research report that examines approaches to operational risk management and considerations for establishing formal operational risk programs. The report was authored by a research team from OpRisk Advisory and Towers Perrin:

  • Ali Samad–Khan–OpRisk Advisory and Towers Perrin
  • Sabyasachi Guharay–OpRisk Advisory and Towers Perrin
  • Barry Franklin–Towers Perrin
  • Bradley Fischtrom–Towers Perrin
  • Mark Scanlon–Towers Perrin
  • Prakash Shimpi–Towers Perrin

Report

A New Approach for Managing Operational Risk: Addressing the Issues Underlying the 2008 Global Financial Crisis

Thank You

The Joint Risk Management Section would like to thank the following individuals on the Project Oversight Group for their input and review:

  • Randa Barber
  • Mary Gardner
  • Hercules Gray
  • Wendy Hart
  • Tim Hieger
  • Anver Kasmani
  • Michael O'Connor
  • Yimin Shih
  • Fred Tavan
  • Ginnie Welsman
  • Gerald Wilson
  • Steve Siegel, SOA Research Actuary

Questions Or Comments?

If you have comments or questions, please send an email to research@soa.org.