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Enterprise Risk Management
Ron Harasym
Vice-President Risk Management
2
Agenda
Overview of AEGON Canada Inc
Overview of Tools & Metrics
Integration into the Decision Making Process
ERM in Practice
3
Overview of AEGON Canada Inc
Transamerica International
Holdings Inc.
AEGON Canada Inc.
AEGON
International N.V.
Transamerica Life
Canada
AEGON Capital
Management Inc.
AEGON Fund
Management Inc.
National Financial
Corporation
National Financial
Insurance Agency Inc.
AEGON Dealer
Services Canada Inc.
Money Concepts
(Canada) Limited
27%
100%
73%
100% 100% 100%
100% 100%
50% 50%
4
Overview of Tools & Metrics
Business Plan
Dynamic Capital Adequacy Testing
Embedded Value
Shock Testing
Economic Capital
5
Integration into the Decision Making Process
Accountabilities
Risk Categorization
Risk Triggers
Exposure & Consequences
Potential Risk Mitigation
6
ERM in Practice
Pre-Emptive Strikes
Fire-Fighting

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ERM AEGON Canada

  • 1. 1 Enterprise Risk Management Ron Harasym Vice-President Risk Management
  • 2. 2 Agenda Overview of AEGON Canada Inc Overview of Tools & Metrics Integration into the Decision Making Process ERM in Practice
  • 3. 3 Overview of AEGON Canada Inc Transamerica International Holdings Inc. AEGON Canada Inc. AEGON International N.V. Transamerica Life Canada AEGON Capital Management Inc. AEGON Fund Management Inc. National Financial Corporation National Financial Insurance Agency Inc. AEGON Dealer Services Canada Inc. Money Concepts (Canada) Limited 27% 100% 73% 100% 100% 100% 100% 100% 50% 50%
  • 4. 4 Overview of Tools & Metrics Business Plan Dynamic Capital Adequacy Testing Embedded Value Shock Testing Economic Capital
  • 5. 5 Integration into the Decision Making Process Accountabilities Risk Categorization Risk Triggers Exposure & Consequences Potential Risk Mitigation
  • 6. 6 ERM in Practice Pre-Emptive Strikes Fire-Fighting