Key Risk Indicators (KRI) for Financial Insurance Company Measures
KRI (Key Risk Indicators) allows BI professionals from the Financial area
measure and control business risks.
KRI for Financial business niche
The KRI for Financial Insurance Company Measures may address such indicators as:
- financial perspective
- premium revenue growth
- % increase in operating profits
- market coverage
- % increase in reserve for claims
- underwriting risk perspective
- expense ratio
- reserve adequacy level
- retention ratio/ reinsurance ratio
- % of policies for which loss assessment modeling is done
- investment and credit risk perspective
- % increase in investment returns
- investment leverage
- insurance duration
- liquidity level
- client handling and performance
- frequency of complaints
- % of service level agreements monitored
- number of insurance programs offered
- number of consulting and risk management services offered
Why BI and risk specialists from the Financial should KRI toolkit and indicators?
Key Risk indicators allows to estimate and control business risks..
Try the KRI Toolkit from Financial Estimation you will learn how to:
- build and use KRI;
- KRI: do-s and don’ts
- you'll have ready to use KRI template;
- you'll learn about practical application of KRI;
- toolkit includes KRI vs. KPI and Balanced Scorecard;
|