Case Study: Major Reinsurance Company achieves centralized, automated global risk and compliance management with MetricStream

Major Reinsurance Company Integrates Global Risk and Compliance Processes in a Centralized Framework

A leading international property & casualty reinsurance firm faced growing complexity managing group, reinsurance, operational, market, credit and liquidity risks across multiple jurisdictions with differing regulatory requirements (e.g., FSA, Hong Kong Insurance Companies Ordinance). Reliance on spreadsheet-based processes made reporting, control tracking and regulatory filing cumbersome, time-consuming and lacking in enterprise-wide visibility.

The firm implemented MetricStream’s Enterprise Risk and Compliance Management solution to centralize a risk library, automated risk assessments and scoring, compliance testing, issue/action tracking, and real-time reporting dashboards. The platform unified global and local requirements into a single repository used by 110+ users, improved transparency with standardized taxonomies and heat maps, sped up workflows through automation and alerts, and strengthened regulatory credibility through auditable evidence and consolidated compliance reporting.