Quantifying the risks hidden in strategic plans
IN BRIEF A strategic plan is a set of assumptions with a financial statement attached. The assumptions are usually reasonable. The problem is that they are recorded as inputs rather...
IN BRIEF A strategic plan is a set of assumptions with a financial statement attached. The assumptions are usually reasonable. The problem is that they are recorded as inputs rather...
IN BRIEF Actuarial technique is not a service for insurers. It is a method for putting a number on uncertainty — and most organisations are already carrying uncertainty they...
Article 6 closed with a one-page exercise: the assurance map, showing which of an organization’s principal risks carry continuous assurance, periodic assurance, or none at all. Boards that complete...
Every technology returns, eventually, to the problem that created it. Article 3 of this series traced the cell company’s birth to the captive insurance boardrooms of the 1990s, where rent-a-captive...
With the rules of the regime now fully mapped — the ring-fence, the gateway, the governing instrument, the directors’ discipline and the machinery of contained collapse — this series turns...
Most corporate structures are designed for success and merely endure failure. The segregated accounts company (SAC) is different: it was designed, from its first principles, for the day something fails....
Every statute needs an enforcement engine, and the segregated accounts company (SAC) regime chose its engine deliberately: the personal balance sheet of the director. Where most corporate law sanctions...
Every corporate vehicle has a document at its heart. For a company it is the articles; for a trust, the deed; for a partnership, the agreement. For a segregated account...
Article 4 walked through the interior of the segregated accounts company — the linking, the recourse rules, the priority ladder. This article stands at the front door. Becoming a...
The first three articles in this series established why Jamaica’s Segregated Accounts Companies Act, 2024 matters: it converts asset segregation from a contractual promise into a property of the...