Home » Research & Impact » Economic Capital & ERM » Willis Economic Capital Forum

Willis Economic Capital Forum

Commencing operations in August 2012, The Willis Economic Capital Forum will be a leading source of innovation advancing the basic science of internal economic capital models used by insurers worldwide and accelerating the effective implementation of this technology in corporate settings.

The Forum represents an expansion of the research area for the Network – this time charged to investigate how best to model and manage the extreme economic and financial risks underwritten by the insurance industry.

The Willis Economic Capital Forum

The Forum creates an international network of researchers at Georgia State University and at other leading universities who will interact with insurers, reinsurers, government research institutions and other non-governmental organizations. The inaugural partners are RiskLab located at ETH Zurich and the Risk Management Institute at the National University of Singapore.

The Forum's goal will be to focus on the fundamental challenges of building models to be used for risk measurement, assessment, capital allocation, and internal decision-making by firms and regulators.

Collaborative applied research projects, with industry and research teams, will be designed to produce outcomes that are academically rigorous and directly relevant to industry. Successful projects will be those where there is both a clear expected economic benefit as well as an expected academic impact.

Latest on Willis Economic Capital Forum

About WRN

As economic, social and environmental uncertainties increase, institutions and populations seek greater resilience to support sustainable growth. Science and insurance lay at the heart of understanding, managing and sharing these risks, building more secure futures at local and global scales.

The Willis Research Network (WRN) operates across the full spectrum of risk from natural catastrophe, to legal liability, financial and security issues linked across driving themes: Resilience, Security & Sustainable Growth; Managing Extremes; Insurance & Risk Management and Mastering the Modelled World.

All Members and activities are united by a common aim: improving resilience by integrating first class science into operational and financial decision-making across public and private institutions.

Latest News

Scariest Risks of 2014
Oct 17, 2014 | read more ›

Insurance industry to double its climate-smart investment by end of 2015
Sep 24, 2014 | read more ›

Feeling the Heat of Wildfire Risk
Aug 28, 2014 | read more ›

Industry can cope with $100 billion disaster
Aug 19, 2014 | read more ›

Japan Facing Early Season Typhoon: Neoguri
Jul 08, 2014 | read more ›

Newsletter

Fast Facts

  • The WRN was formed in September 2006 to support leading academic research into extreme events, with a specific focus on responding to the challenges faced by businesses, insurers and governments
  • The WRN's membership spans the globe, counting more than 50 world-class universities, scientific research organisations and public policy institutions
  • Collectively, our members have published more than 100 papers in leading scientific journals
  • Nearly all of the WRN's research is freely available to the public and can be downloaded on our website

Copyright © 2012 Willis Group Holdings

Site Map | Terms & Conditions | Privacy Policy | Accessibility | RSS