{"id":1876,"date":"2022-06-02T12:11:22","date_gmt":"2022-06-02T17:11:22","guid":{"rendered":"https:\/\/www.bbrown.com\/?post_type=insight&p=1876"},"modified":"2022-06-06T10:32:47","modified_gmt":"2022-06-06T15:32:47","slug":"corporate-risk-appetite-and-program-structuring","status":"publish","type":"insight","link":"https:\/\/www.bbrown.com\/us\/insight\/corporate-risk-appetite-and-program-structuring\/","title":{"rendered":"Corporate Risk Appetite and Program Structuring"},"content":{"rendered":"

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White Paper<\/p>\n

\n Corporate Risk Appetite and Program Structuring\n <\/h1>\n\t\n <\/div>\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t<\/div>\n\n\t\n[\/vc_column][\/vc_row][vc_row][vc_column width=”2\/3″]\n
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\n Corporate Risk Appetite and Program Structuring\n <\/h1>\n\t\n <\/div>[vc_column_text]The first paper<\/a> in this series discussed the impact that loss volatility has on the risk finance decision-making process, and the second paper<\/a> explored the notion of loss dependence and the influence of interdependencies between sources of corporate risk. In this third installment in our Alternative Risk series, we build on these concepts and discuss the mapping of retained volatility levels to corporate risk appetite in a multiple risk setting. This process is illustrated through the design of an optimized insurance program structure, where stochastic loss models are coupled with market intelligence to perform a risk versus reward trade-off analysis.<\/strong><\/p>\n