Posts tagged with#Board Governance

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Can Management Prove Control of AI Liability Accumulation Risk?

Boards need concrete evidence, not verbal assurance, that management actually controls AI liability accumulation across lines before the next renewal cycle locks in another year of exposure.

Is Your Reinsurance Book Exposed to Digital Anti-Selection?

Anti-selection in digital life distribution deserves direct board scrutiny in life and health reinsurance. Here is how boards should evaluate whether this risk is genuinely under control.

How Much Placement Speed Do Broker-Cedant API Gaps Really Cost?

API gaps broker cedant systems oversight starts with putting a real number on how much placement speed and pricing accuracy the current process actually costs.

Can Your Board Prove Management Controls Behavioral Lapse Model Risk?

Boards overseeing life and health reinsurers need specific, evidence-based questions to confirm management actually controls behavioral lapse models that fail in stress, not just assurances that it does.

What Boards Should Demand on Claims Leakage in Health Portfolios

Boards overseeing life and health reinsurers should not tolerate claims leakage in high-volume health portfolios without specific, quantified evidence of detection and remediation from management.

What Would Break First If Cyber Event Definitions Worsened?

Boards need a clear answer to what would break first if cyber event definitions across multiple treaties stayed ambiguous through the next systemic event.

Remediate, Reprice, Reduce, or Exit: A Governance Test

Boards overseeing health provider inflation hidden by network averages need a remediate, reprice, reduce, or exit test for underperforming provider exposures. Here is how to run it.

What Breaks First When Institutional Knowledge Keeps Walking Out

If institutional knowledge kept getting lost in workflow handoffs, renewal quality and dispute outcomes would be the first things to break, and boards should watch both closely.

The Risk-Appetite Test for Longevity Concentration in Pension Deals

Boards overseeing life and health reinsurance need an explicit risk-appetite limit for longevity concentration across pension transactions, not just trust in transaction-level review. Here is the test to apply.

What Would Break First If Medical Trend Kept Outpacing Treaty Economics?

Boards overseeing life and health reinsurance need a clear answer to what breaks first if medical trend outpacing treaty economics continues unchecked. Here is the governance question worth asking now.

Board Questions on Mortality Improvement After Shocks

Mortality improvement assumptions after structural shocks deserve direct board scrutiny in life and health reinsurance. Here are the questions a board should be asking and why.

The Remediate, Reprice, Reduce, or Exit Test for Privacy Fragmentation

A simple remediate, reprice, reduce, or exit test gives reinsurance boards a structured way to oversee privacy regulation fragmentation exposure instead of reviewing it in the abstract.

The Renewal Stress Test for Weeks-Long Reporting Cycles

Renewal season is the real stress test for reporting cycles that take weeks instead of days, and boards should use it to find out how far behind their risk reporting actually falls.

What the Board Should Demand on Silent Technology Exposure

Boards should require documented evidence, not general assurance, before accepting that silent technology exposure in legacy wordings is being managed rather than merely acknowledged.

The Board's Renewal Stress Test for Action-Threshold Scenarios

A board-level renewal stress test is the clearest way to confirm systemic scenarios without action thresholds are not quietly slipping through governance oversight.

The Risk-Appetite Test for Technology Supply-Chain Dependencies

Boards need an explicit risk-appetite test for technology supply-chain dependencies before regulators or a real outage force the question onto the agenda.

The Renewal Stress Test for Treaty Recapture Without Customer Impact

Board oversight of treaty recapture decisions without customer impact analysis needs a renewal-season stress test. Here is what that test should cover.

What the Board Should Demand Before Tolerating Vendor Lock-In

Vendor lock-in technology agility oversight belongs on the board agenda because it is a continuity and capital risk, not just a technology preference.