Enterprise risk reporting to drive management decisions: Survey of U.S. life and annuity industry practice
22 March 2018
Enterprise risk reporting to drive management decisions: Survey of U.S. life and annuity industry practice
Enterprise risk reporting has evolved over the years in tandem with the growth of enterprise risk management as a functional area within an insurance company. Enterprise risk reports are primarily concerned with reporting to senior management on how the company is faring relative to its risk appetite. This research report summarizes a series of interviews that Milliman conducted with senior management at a large group of U.S. life and annuity writers to establish current industry practices around enterprise risk reporting with a focus on risk reporting best practices to help drive management decision making.