Risk Management in UK Life Insurance Companies

Nowadays, efficient risk management is considered as a source of competitive advantage. By analysing annual reports and accounts of 12 UK Life insurers, this paper has for a goal to verify the existing findings of the literature and others surveys that have already analysed the risk management proce...

Full description

Bibliographic Details
Main Author: Wirth, Pierre
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2010
Online Access:https://eprints.nottingham.ac.uk/24091/
_version_ 1848792699675607040
author Wirth, Pierre
author_facet Wirth, Pierre
author_sort Wirth, Pierre
building Nottingham Research Data Repository
collection Online Access
description Nowadays, efficient risk management is considered as a source of competitive advantage. By analysing annual reports and accounts of 12 UK Life insurers, this paper has for a goal to verify the existing findings of the literature and others surveys that have already analysed the risk management processes applied in this industry. Furthermore the other aims of this dissertation are to explore the evolution of the risk management practices from 2006 to 2008 considering EWRM, financial risk management, or the use of quantitative models. Then, the effect of the regulations on the risk management practices and finally verifying whether or not the size and type of company affects its risk management process will also be focused on. In order to achieve these objectives the method used is to qualitatively analyse reports and accounts and creating small individual case studies that will help to draw general conclusions thanks to adequate research questions. The main findings are that the risk management of UK life insurance companies is currently improving, that more and more insurers adopt an EWRM framework, that large insurers manage their risks better than small ones and that new regulations tend to improve the risk management and disclosure in general.
first_indexed 2025-11-14T18:48:33Z
format Dissertation (University of Nottingham only)
id nottingham-24091
institution University of Nottingham Malaysia Campus
institution_category Local University
language English
last_indexed 2025-11-14T18:48:33Z
publishDate 2010
recordtype eprints
repository_type Digital Repository
spelling nottingham-240912018-02-16T14:33:28Z https://eprints.nottingham.ac.uk/24091/ Risk Management in UK Life Insurance Companies Wirth, Pierre Nowadays, efficient risk management is considered as a source of competitive advantage. By analysing annual reports and accounts of 12 UK Life insurers, this paper has for a goal to verify the existing findings of the literature and others surveys that have already analysed the risk management processes applied in this industry. Furthermore the other aims of this dissertation are to explore the evolution of the risk management practices from 2006 to 2008 considering EWRM, financial risk management, or the use of quantitative models. Then, the effect of the regulations on the risk management practices and finally verifying whether or not the size and type of company affects its risk management process will also be focused on. In order to achieve these objectives the method used is to qualitatively analyse reports and accounts and creating small individual case studies that will help to draw general conclusions thanks to adequate research questions. The main findings are that the risk management of UK life insurance companies is currently improving, that more and more insurers adopt an EWRM framework, that large insurers manage their risks better than small ones and that new regulations tend to improve the risk management and disclosure in general. 2010-09-24 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/24091/1/dissertationPierreWirth.pdf Wirth, Pierre (2010) Risk Management in UK Life Insurance Companies. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Wirth, Pierre
Risk Management in UK Life Insurance Companies
title Risk Management in UK Life Insurance Companies
title_full Risk Management in UK Life Insurance Companies
title_fullStr Risk Management in UK Life Insurance Companies
title_full_unstemmed Risk Management in UK Life Insurance Companies
title_short Risk Management in UK Life Insurance Companies
title_sort risk management in uk life insurance companies
url https://eprints.nottingham.ac.uk/24091/