Recent developments under the Solvency II regime means that very soon all European insurers will need to submit a pre-emptive recovery plan to their local regulator. In this paper, we look at the more strategic aspect of recovery planning. Our discussion is organized as follows:

• Recovery planning landscape across the globe
• Essentials of an enterprise-risk-management (ERM) framework
• Linking recovery planning to broader ERM through a management action toolkit
• Linking recovery planning to risk reporting