CMRA Services

• Analyze asset allocation and capital structure
• Review business models, policies and procedures, transactions
• Advise on risk management, risk measurement, risk reporting process
• Select risk management systems
• Benchmark Best Practices
• Provide training in independent risk oversight, internal audit
• Assess business risk
• Design, implement and validate VaR
• Provide support in complex securities and derivatives litigation
• Analyze and evaluate complex securities and derivatives transactions
• Advise on product design and analyze product economics
• Measuring risk adjusted returns

Selected Assignments

Reviewed the instruments permissible under 2A-7 and educated the largest insurer of mutual funds on the assessment of risk in more complex instruments.

Conducted a study regarding the impact of changes in forefront asset allocation and the impact of Risk Based Capital on insurance portfolios for a large US life insurance company.

Reviewed a portfolio of complex instruments a large insurance company was considering acquiring.

Developed a strategic plan for the derivatives business of a Canadian insurance company and implemented a systems conversion.

Assisted in the development of new annuity products and to structure the required hedges for a large global insurance firm.

Reviewed the risk management practices and procedures of the municipal derivatives and GIC businesses for a large mono-line insurance company.