Wilton Re’s risk management approach is an integral part of our business processes and decision-making.
Our senior management and Board of Directors regularly review the company’s risk profile to ensure our risk appetite is aligned with our business strategy and risk-return profile.
Risk management activities are embedded in our approach to diligence, risk acceptance, and capital deployment. All critical business decisions are made with a clear view on how Wilton Re’s risk profile would be impacted.
Our enterprise risk management (ERM) framework prescribes regular assessments of our company’s risk profile, the adequacy of the risk management framework, as well as current and projected solvency positions. Assessments of all material risks associated with Wilton Re’s business plan and the sufficiency of capital resources to support those risks are conducted on a quarterly basis. Regular evaluations of the risk framework and policies are conducted in pursuit of improvements to the processes. Results of our assessments are documented and reported to senior management and Wilton Re’s Board of Directors.
To view the 2020 Financial Condition Report, please see the link here.