Risk Control

Risk control is the process of identifying, monitoring, limiting, avoiding, offsetting and transferring risks. The primary objective of risk control is to maintain the risks that have been retained by the enterprise at levels that are consistent with company risk appetites and company plans. Risk control is most effective if it is applied universally throughout the organization, but can still be very useful if applied separately to divisions or business units of an enterprise. [Source: Society of Actuaries (SOA) Enterprise Risk Management Specialty Guide]


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Risk-adjusted return on capital (RAROC)

Risk-adjusted return on capital (RAROC) is a target return on equity (ROE) measure in which the numerator is reduced depending on the risk associated with the instrument or project. In insurance indus

Return on risk-adjusted capital (RORAC)

Return on risk-adjusted capital (RORAC) is a target return on equity (ROE) measure in which the denominator is adjusted depending on the risk associated with the instrument or project. [Source: Casua

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