What Is Completed Operations Insurance?

Operational risk management The so-called operational risk refers to the failure of the operation or the failure to achieve operational activities due to the complexity and variability of the external environment and the limited ability of the subject to recognize and adapt to the environment. Probability of expected goals and their losses. Operational risk does not refer to a specific specific risk, but includes a series of specific risks. The Operational Risk and Compliance Committee assists the Executive Committee and the Board of Directors in monitoring the establishment of a sound operational risk framework and overseeing the Group's operational risk profile.