Insurance Risk

"Insurance Risk" Module is part of the "Certified Chief Risk Officer (C-CRO)" training program.


The aim of the course is to provide the participants with the necessary knowledge of the functions of a modern Insurance Company and to offer appropriate training on the whole spectrum of Insurance Risk Management.  The topics are focused on identifying, evaluating and addressing the risks arising from insurance operations.

Target Audience

  • Executives of Insurance Companies and Insurance Mediation Companies
  • Executives of insurance companies in risk management sector
  • Executives of Reinsurance and Actuarial Divisions
  • Bank executives handling insurance products

Subject Areas

  • Fundamental Concepts and Basic Principles
  • The insurance industry at a glance
  • Regulatory Framework of Insurance Companies
  • Governance Model of Insurance Companies
  • Solvency Framework for Insurance Companies
  • Insurance Risk Analysis and Management
    • Insurance Risk
    • Market Risk
    • Counterparty Risk
    • Operational Risk
    • Liquidity Risk
  • Other risks
  • Emerging risks
  • Fund Management
  • Insurance Companies’ Risk Management Model & Reporting Framework

What you will learn

  • You will gain an overall knowledge of the operation of an insurance company along with an overview of the Greek insurance market
  • You will get to know the fundamental concepts and principles of insurance risk as well as the supervisory framework that Insurance Companies are operating
  • You will be aware of the main risks (emerging or not) faced by an insurance company
  • You will identify the most important indicators of an insurance company
  • You will be able to analyze the risks of an insurance underwriting and discern the value of rational analysis and systematic decision-making, under uncertainty
  • You will get familiar to an ‘appropriate’ Risk Management model of an insurance company

Seminar Timetable

1st & 2nd Teaching Hour
3rd & 4th Teaching Hour
9th of October
18.30 - 20.00
20:00 - 20:15
20.15 - 21.45
15th of October
18.30 - 20.00
20:00 - 20:15
20:15 - 21:45

Course Start Date
9 of October 2024

Cost of Attendance

400 €
  • 8 Hours
  • Live or Online
  • Attendance Certificate


Evgenia <br/>Thodou MSc
Thodou MSc
Chief Risk Officer, Ethniki Asfalistiki