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14. Glossary
Risk appetite
Risks considered acceptable and accepted as they stand, in the light of the company's strategic decisions.
Key risk indicators (KRI); Indicateur clé de risque (KRI)
These are indicators used to assess the level of risk involved in an activity, or the sources of non-performance of an entity or process in terms of risk.
Risk limits
All cases where the company defines a risk as unacceptable or no longer acceptable if it is exceeded (qualitative or quantitative limits).
Risk management policy
A set of guidelines defined by corporate governance in terms of risk management.
Procedure
Document formalizing how to apply a treatment or activity, based on management...
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Glossary
Bibliography
Standards and norms
- Risk management – Guidelines. - ISO 31000 :2018 - Février 2018
- Risk management – Risk assessment techniques – Risk management – Risk assessment techniques. - NF EN IEC 31010 - Août 2019
Regulations
European Directive 2009/138/EC – Solvency II of November 25, 2009 on the taking-up and pursuit of the business of insurance and reinsurance.
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