Financial Enterprise Risk Management

Paul Sweeting is Honorary Professor of Actuarial Science and President of the Institute and Faculty of Actuaries. As well as having been a chief risk officer for one of the world's largest social insurance funds, he has worked in pensions, investment and life insurance. Paul is a fellow of the Institute and Faculty of Actuaries, of the Chartered Institute for Securities and Investment and of the Royal Statistical Society. He is also a Chartered Actuary, a CFA Charterholder and a Chartered Enterprise Risk Actuary.

'Paul Sweeting's book is an impressively comprehensive exploration of all aspects of enterprise-wide financial risk management and now with welcome updates for recent developments in AI, technology and risk management. It's a thorough examination of different risk management models with detailed consideration of different risks and their statistical analysis. The expansion of the section on case studies is particularly welcome, as it brings to life many of the theoretical concepts explored in this excellent book. Highly recommended for all those involved in risk management across financial institutions and an essential resource for anyone interested in financial risk management.' Charles Cowling, Past President, International Actuarial Association

• 1. An introduction to enterprise risk management; 2. Types of financial institution; 3. Stakeholders; 4. The internal environment; 5. The external environment; 6. Process overview; 7. Definitions of risk; 8. Risk identification; 9. Some useful statistics; 10. Statistical distributions; 11. Modelling techniques; 12. Extreme value theory; 13. Modelling time series; 14. Quantifying particular risks; 15. Risk assessment; 16. Responses to risk; 17. Continuous considerations; 18. Economic capital; 19. Risk frameworks; 20. Case studies from financial institutions; 21. Further case studies; 22. Solutions to questions; References; Index.