Insurance investors should go back to basics when looking at potential risks of Brexit for portfolios by using stress test and scenario analysis, according to Aviva UK chief investment Officer Ashish Dafria.
Speaking on the side lines of Insurance Asset Risk EMEA, Dafria said that the ability of CIOs to make accurate predictions was very low and cautioned against looking through a hazy crystal ball.
Instead, they should focus on what could happen and whether they are prepared to accept the implications of such scenarios.
