Читать книгу Risk Transfer A Complete Guide - 2020 Edition - Gerardus Blokdyk - Страница 9

CRITERION #3: MEASURE:

INTENT: Gather the correct data. Measure the current performance and evolution of the situation.

In my belief, the answer to this question is clearly defined:

5 Strongly Agree

4 Agree

3 Neutral

2 Disagree

1 Strongly Disagree

1. How much of the post-disaster cost was covered by insurance?

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2. What safety technologies do you see making the biggest impact in the future?

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3. Which data have to be collected for quantification purposes?

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4. Is Process Variation Displayed/Communicated?

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5. How large is the gap between current performance and the customer-specified (goal) performance?

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6. Who participated in the data collection for measurements?

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7. What are possible impacts of insurance on risk reduction activities and behaviour?

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8. What is the impact on the program?

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9. How do deductibles affect the cost of insurance premiums?

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10. What are your organizations key priorities in terms of captive insurance?

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11. Is data collected on key measures that were identified?

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12. Does the current insurance market impact the choice of solutions available to clients?

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13. How long do the event and its direct impact last?

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14. Is a solid data collection plan established that includes measurement systems analysis?

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15. Where is the geographic investment focus of your organization?

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16. Have all non-recommended alternatives been analyzed in sufficient detail?

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17. Is there a Performance Baseline?

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18. What data was collected (past, present, future/ongoing)?

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19. How can the acceptance criteria for export credit insurance be measured?

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20. What has the team done to assure the stability and accuracy of the measurement process?

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21. Who is responsible for losses caused by non-parties to the indemnity agreement?

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22. Was a data collection plan established?

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23. What are the agreed upon definitions of the high impact areas, defect(s), unit(s), and opportunities that will figure into the process capability metrics?

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24. Does climate risk insurance improve the ability of people to anticipate climate impacts?

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25. Does the current regulatory framework impact the delivery of catastrophic insurance?

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26. Are high impact defects defined and identified in the stakeholder process?

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27. How to provide affordable insurance coverage of acceptable credit quality despite high capital costs and in the environment of volatile reinsurance market?

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28. Have you found any ‘ground fruit’ or ‘low-hanging fruit’ for immediate remedies to the gap in performance?

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29. What will the merger cost you as a member?

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30. Does insurance enable beneficiaries to absorb climate impacts?

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31. What might the actual cost of LIMS software be if all of the overhead items were stripped out?

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32. Which risks can cause direct harm or damage?

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33. What is the financial impact of natural disasters?

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34. Is long term and short term variability accounted for?

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35. What is the impact if the decision is delayed?

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36. Does management have the right priorities among projects?

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37. Do you see Brexit impacting the market at all?

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38. Do you have multiple business units that operate independently from a cost and capital perspective?

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39. Is your cost containment effort missing gears?

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40. What causes extra work or rework?

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41. Can the credit risk be sold off because investors are already used to that credit risk?

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42. Does insurance enable beneficiaries to adapt to climate impacts?

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43. Are you looking to stabilize your total cost of risk regardless of insurance market volatility?

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44. How important or serious are the impacts of human induced climate change likely to be?

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45. Do you expect emerging technology/digitalisation to have a big impact?

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46. What are the key input variables? What are the key process variables? What are the key output variables?

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47. Is key measure data collection planned and executed, process variation displayed and communicated and performance baselined?

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48. What is the Risk transfer business impact?

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49. Is data collection planned and executed?

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50. Are key measures identified and agreed upon?

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51. What particular quality tools did the team find helpful in establishing measurements?

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52. Is the cost of insuring your risks getting too expensive?

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53. What impact does an insurer insolvency have on captive insurance programs?

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54. Can operational risk for non financial organizations be quantified and insured?

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55. Will data and analytics generate interest from the capital markets for longer tail risk?

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56. Will there be added value once all additional costs are taken into account?

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57. What impact has the costly claim environment had on insurers profitability?

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58. Where should you focus your efforts to achieve the greatest improvements?

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59. What is the cost to transfer the risk?

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60. Which is the cost of replacing the existing property exactly at the current price?

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61. What charts has the team used to display the components of variation in the process?

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62. Are appropriate historical cost data used in the estimate?

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63. Is there sufficient knowledge about climate change impacts and adaptation?

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64. Can data and analytics overcome Basis Risk?

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65. How does your organization of infrastructure repair impact insurance?

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66. What is the opportunity cost of buying insurance?

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67. What users will be impacted?

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68. Does the board understand the insurance coverage in place and its impact on potential claims?

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69. What key measures identified indicate the performance of the stakeholder process?

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70. What data should be analyzed to predict the claims of export credit insurance?

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71. Which methods of risk identification and quantification do you know?

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72. How long to keep data and how to manage retention costs?

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73. Are process variation components displayed/communicated using suitable charts, graphs, plots?

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74. How can that cause significant disruption to that particular investors portfolio if something goes wrong?

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Add up total points for this section: _____ = Total points for this section

Divided by: ______ (number of statements answered) = ______ Average score for this section

Transfer your score to the Risk transfer Index at the beginning of the Self-Assessment.