MS&AD_en

19/22 　Integrated Risk Management (1): Enhancement of Risk Management Keeping the International Trends of Supervisory Regulations in Perspective

Let me describe integrated risk management on two pages. Please look at page 18. This page describes initiatives to enhance the framework of risk management. Considering global trends in supervisory regulations surrounding the insurance industry, requiring comprehensive self-assessment and adequate self-management of risks based on each company's business and risk characteristics, the Group has been working on further enhancement of risk management, as an in-house project. The project has two major objectives. One is building a self-regulated risk management process consistent with the concept of ORSA. The other is strengthening the integrated risk management framework. In qualitative management, we are strengthening the management of risks that cannot be detected in quantitative analysis.