• Insurance underwriters, claims personnel, compliance officers, operational staff and other key staff who need to know about managing interdependencies between key risks.
• Insurance managers and risk management officers who need to develop risk management actions related to operational, insurance, strategic and capital planning matters.
• Also suitable for insurance intermediaries and insurance practitioners who wish to have a deeper understanding of ERM.

At the end of the programme, participants should be able to:

• Understand what is ERM, the types of risks and the benefits of effective ERM.
• Appreciate how IAIS and Solvency II drive the development of ERM.
• Understand the six building blocks of Own Risk and Solvency Assessment (ORSA) and how each building block builds on each other in the ORSA framework.
• Appreciate the nature of insurance and the major risk areas for insurance companies.
• Understand how to manage financial risks such as market, credit and liquidity risk.
• Appreciate the different types of operational risks and how to manage them.
• Understand the different types of capital and how the RBC2 may impact insurance companies in Singapore.

• An introduction to Enterprise Risk Management.
• Global Drivers and Evolvement of ERM.
• ORSA Building Blocks.
• Management of Insurance Risks.
• Management of Financial Risks.
• Management of Operational Risks.
• Management of Capital/Solvency Risks.

‍Raymond Cheung has over 20 years regional experience as an entrepreneur, portfolio manager, actuary, risk, compliance and ESG specialist. Raymond is currently the CEO of Basel Medical Group, a medical clinic chain in Singapore applying for Nasdaq listing.

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Full Course Fee: S$827.31 (incl. of 9% GST)

Net Course Fee: S$599.61 (incl. of 9% GST and after 30% FTS funding) for Singapore Citizens below 40 years old and Singapore Permanent Residents

Net Course Fee: S$327.31 (incl. of 9% GST and after 70% FTS funding) for Singapore Citizens aged 40 years old and above

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