William Southwell

William Southwell

Partner, Actuarial and Insurance Risk

Dynamic risks on the rise: the CRO’s role in creating impact

As changes in regulation, technology and customer expectations accelerate, Swiss financial institutions are confronted with a highly complex risk landscape. To what extent does your organization still rely on backward-looking methods that frame risks as static, isolated objects?
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Enterprise Risk Management: time to shift gear

Chief Risk Officers of (re)insurance companies are presented with a long awaited opportunity to reposition the profile of their function and create value for customers, shareholders and the public at large but their departments need to evolve rapidly to cope with the challenges this entails.
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Swiss ORSA – The Insurance Market Reaction

Following the recent issue of a new FINMA circular on ORSA, KPMG Switzerland surveyed leading Swiss insurers to evaluate their response to the new requirements and assess preparedness to comply. Results varied significantly, but one thing is clear: there is still work to be done!
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New Swiss ORSA for insurers – first impressions

Driven by the need for the Swiss insurance supervision system to be considered equivalent with the EU's new Solvency II directive (SII), on 8 July 2015 FINMA released a consultation on new Own Risk and Solvency Assessment (ORSA) requirements for Swiss (re)insurers and captives. What does this require? Will it be a heavy burden?
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