The company has taken the following steps to assess ERM capabilities and established the foundation for continuously adjusting and strengthening those capabilities, ensuring a controlled growth:

•  Identification and agreement of a fit for purpose and size target ERM Framework
• Continuous involvement and buy-in from the members of the Board, ensuring the necessary “tone at the top”
• Involvement of different level of staff in transparent and efficient decision making process improving risk governance and risk culture
• Quantified Risk Appetite statement supported by a limit and trigger system implemented

Emirates RE has set a solid Foundation to develop and improve best-in-class, fit for purpose Risk based steering capabilities alongside the growth of the organisation.

Emirates RE would offer the gained expertise to our esteemed clients and assist them in improving their ERM framework.