Moderator: Geoff Kates, PRMIA Chair, Lepus,
UK
Presenter: Thomas Ho, Thomas Ho & Company
Seize this opportunity to gain an understanding of risk
correlations. A key development of enterprise risk management
over traditional risk management is that risks
should be viewed in the aggregate in an integrated manner.
Different risks might not behave independently but
instead have some relationship or correlation to other
risks. Consequently this aggregation might look very different
compared to a simple addition of risks in isolation.
Given this scenario, then it is very important to understand
risk correlations as best as possible in order to take the
appropriate risk management actions. In this session you’ll
learn about these basic issues as an expert presenter speaks
to recent developments within the financial services sector.