In her speech, Charlotte Gerken looks at what the Prudential Regulation Authority (PRA) expects of firms in the area of risk management.
She outlines some recent PRA policy that relates to the management of investment risk. This includes a consultation paper on the Prudent Person Principle and a Supervisory Statement on liquidity risk management.
Charlotte then looks ahead to emerging sources of risk such as cyber risk and cloud outsourcing. And she explains what the PRA is doing to address them.
Insurance risk management in a changing world 