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Design an ERM framework using COSO ERM Framework, considering both general risks for the Life/medical insurance company, and risks specific to an insurance company. Your

Design an ERM framework using COSO ERM Framework, considering both general risks for the Life/medical insurance company, and risks specific to an insurance company. Your ERM framework must include the following :

a. Vision of a life insurance company

b. The mission of a life insurance company

c. Risk Appetite of a life insurance company

d. Risk Tolerance of a life insurance company

e. Risk Statement (for the overall insurance company)

f. Describe the risk Management phases and their importance to the insurance company.

g. identify 7 risks

don't provide definitions, please answer the question relating to a life insurance company

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