Risk Management
The Board of Amlin plc has adopted the Risk Management Policy as set out below. The purpose of this policy is to provide a high level description of ERM at Amlin. It also communicates the overall objectives, scope, principles and strategy supporting how Amlin will implement a sustainable Enterprise Risk Management framework.
- Amlin operates in an environment of uncertainty and recognises that the sustainability of the Group and enduring shareholder value comes from actively seeking and accepting opportunities whilst managing threats within acceptable bounds.
- Amlin is therefore committed to establishing and maintaining a sustainable Enterprise Risk Management process as an integral part of its business model supporting business planning and capital management. Capital will be allocated and managed on risk based principles.
- Amlin is committed to providing transparency to its stakeholders on how its risk strategy is set, implemented and periodically reviewed.
This policy is supported by detailed documents describing how the policy is implemented in practice and a governance document outlining how roles and accountabilities are allocated.
To view Amlin’s Risk Management Framework click here