ENTERPRISE RISK MANAGEMENT IN INSURANCE COMPANIES IN THE EGYPTIAN MARKET

Insurance companies face a unique web of interconnected risks, demanding proactive strategies for sustainable growth and profitability. This book is your essential guide to understanding modern risk management, revealing it as a comprehensive, multi-dimensional process that goes beyond isolated threats. Discover how effective risk management, driven by collaboration across all departments, aims to meticulously identify, measure, reduce, and monitor risks. Since the 2008 global financial crisis, Egyptian insurance firms have increasingly adopted international risk management standards. This shift is crucial for expanding market presence, building credibility, and securing the vital global credit ratings that fuel strategic growth. This book illustrates how robust risk management empowers shareholders by optimizing productivity, boosting financial and technical performance, ensuring regulatory compliance, and strengthening the company's solvency. You'll explore the pivotal role of risk committees in enhancing corporate governance and learn the importance of integrating traditional risk protection with innovative risk transfer alternatives. Ultimately, the book confirms that a highly efficient risk management system is the defining factor for achieving top-tier credit ratings, making it indispensable for success in today's competitive insurance landscape.