Contributions from the 31st General Assembly of the Geneva Association, June 2004
The Geneva Papers (2005) 30, 60–64. doi:10.1057/palgrave.gpp.2510013
Capital Adequacy and Risk Management in Insurance
Successful Risk and Capital Management
James J Schiroa
aZürich Financial Services, Mythenquai 2, CH-8022 Zürich, Switzerland. E-mail: james.schiro@zurich.com
Abstract
For insurance companies, the road to successful risk and capital management entails having a measurement model that is not overly complex, the backing of the top management, appropriate changes in the compensation plans, and organizational change.
Keywords:
risk and capital management, organizational change




