News - Risk management
The Risk Management Illusion, Part II
Part I ended with Cassandra’s curse: the warning exists, but the decision proceeds much as it would have without it. The harder question is why. In practice, the answer often lies in how risk management is positioned, when the risk function becomes involved, and whether management is still genuinely open to changing course.
15 October 2026The Risk Management Illusion, Part I - Why so many risk systems look complete but change so little
Some years ago, a sizeable life insurer was acquired by a banking group. A new senior management team arrived and asked each function head to explain what, exactly, their team contributed.
1 October 2026
