Dear CRO: Please step up, or step down
by Alex Marcuson There may be trouble ahead… With its decidedly blunt approach, the PRA’s season’s greetings letter to CROs should prove to be a bracing wake-up call. Having set out in Janet and John terms last year (to Chief Actuaries and CEOs) that firms seem to be weakening their reserves, the PRA is unimpressed… Continue reading>