Investor Presentaiton
At a Glance
Strategy
Competitive Position
Performance
Organisation
Risk Management
Outlook
Appendix
STRICT ADHERANCE TO CLEARLY DEFINED ERM PROCEDURES
Risk Management at QIC
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ERM is broken down into Risk Management, Capital
Management and Exposure Management
Governance structure follows the three lines of
defence model with dedicated Risk Committees in
each entity of the company
Each entity committee reports into the Group Risk
Committee, which reports to the Group's Board and
Audit committee
Risks are monitored and maintained according to risk
categories such as insurance, market, credit,
operational and group
Each risk is assessed for impact and probability along
with the controls in place to mitigate
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Risk controls are reviewed quarterly
QIC has in place an extensive stress and scenario
testing framework
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QIC conducts analysis into emerging risks
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Risk appetite and tolerance set at the group and
entity level with the position against these metrics
monitored on an on-going basis
Group Risk Steering Committees, Entity Board, Entity
6. Communicating and Consulting
Risk Committee, Audit Risk Committee
Enterprise risk management cycle
1. Establishing Goals:
Risk Appetite & Tolerance
statement, Strategy & Business
Plan for the year
2. Identifying Risks:
Risk Registers
3. Analyzing Risks:
Risk Score
4. Prioritizing Risks:
Risk Prioritization Matrix
5. Risk Mitigation:
Control Analysis
QIC
مجموعة قطر للتامين
QATAR INSURANCE GROUP
7. Monitoring and Reviewing
Ongoing Process
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