Abstract
Although insurers have developed sophisticated techniques for measuring and managing mortality risks, asset-liability mismatch, and interest rate risks, they may underestimate the potential cost of operational risks. This is a case study of an Australian life insurer, which made a series of very expensive mistakes.
| Original language | English |
|---|---|
| Pages (from-to) | 263-288 |
| Number of pages | 26 |
| Journal | Risk Management and Insurance Review |
| Volume | 15 |
| Issue number | 2 |
| DOIs | |
| Publication status | Published - Sept 2012 |