Bhargav Dasgupta, Managing Director and CEO, ICICI Lombard General Insurance said, «The significant increase in profits is an outcome of
our prudent risk management practices, investment capabilities and achieving cost efficiency in our operations.
Not exact matches
The OSFI placed an even greater emphasis on confirming that financial institutions conduct
prudent mortgage underwriting, and that their internal controls and
risk management practices are sound and take into account market developments, says spokeswoman Annik Faucher.
This is only good business sense and
prudent practice /
risk management.
The plaintiffs further alleged, among other things, that Manulife consistently misrepresented in its core disclosure documents that it had in place «effective, rigorous, disciplined and
prudent»
risk management systems, policies and
practices.