Risk Register
riskRegisterSubtitle
criticalRisks
1
highRisks
5
openItems
3
totalRisks
6
| ref | Category | Description | lCol | iCol | Risk Score | Residual Risk | Risk Owner | Status |
|---|---|---|---|---|---|---|---|---|
| RR-001 | Underwriting | Concentration risk in Fire LOB exceeding treaty capacity | 4 | 5 | 20 – critical | 12 | Chief Underwriter | Open |
| RR-002 | Reinsurance | Reinsurer credit risk - counterparty default | 2 | 5 | 10 – High | 4 | RI Manager | Mitigated |
| RR-003 | Operational | Policy issuance errors leading to coverage disputes | 3 | 3 | 9 – High | 6 | Operations Manager | Open |
| RR-004 | Regulatory | Non-compliance with RURA solvency requirements | 2 | 5 | 10 – High | 4 | CFO | Monitored |
| RR-005 | Claims | Large loss event exceeding XL treaty protection | 2 | 4 | 8 – High | 3 | Claims Director | Mitigated |
| RR-006 | Financial | Foreign currency exposure on USD-denominated reinsurance premiums | 3 | 3 | 9 – High | 7 | CFO | Open |
