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8th Bowels Symposium

Correlation of Risks, Integrated Risk Measurement — a.k.a. Risk Aggregation  image/tt1.jpg
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.

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