AM Best's Briefing: Stress Testing in Re/Insurers? Stress Testing to Improve Insurers' Responses to New and Emerging Risks

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A webinar brought to you in association with the West African Insurance Companies Association (WAICA)

Stress testing is vital for (re)insurance companies to assess their resilience to adverse scenarios and is an important factor in assessing their financial strength. A proactive approach can enable companies to avoid major losses and better understand their risk profile.

In this session, AM Best senior analysts discussed how stress testing is considered within the insurance credit rating process and reviewed common stress testing that is performed.

Topics include:

• The importance of stress testing for re/insurance firms
• What analysts are paying close attention to when trying to determine a company's financial strength and its resilience
• The value of a proactive approach to risk

Host: Davis Lyasere, Secretary General/CEO, WAICA

Speakers:

• Tim Prince, director, analytics, AM Best
• Ben Diaz-Clegg, associate director, analytics, AM Best
• Edem Kuenyehia, director, market development & communications, EMEA & AP, AM Best
• Bubacarr Jarju, managing director, Gambia National Insurance Company Ltd, president, WAICA