Ms Joanne Stone Morrissey firstly defined the definition of reputational risk, then discussed the connotation of honesty. She emphasized the importance of integrity to the continuous operation of an enterprise and believed the stakeholders of the enterprise attach great importance to the issue that whether the enterprise`s board and management are sincere enough.

Mr Michael J. Morrisseyintroduced International Insurance Society generality, and then he analyzed the current international macroeconomic situation. He thought that with the further decline of economic growth rate, the central banks take loose monetary policy, which lead to higher asset price, resulting in a deteriorating return on investment and continuous declination of investment income. At last, he emphasized how to find more attractive returns.

After the report, the two speakers communicated with the pariticipants on interesting problems such as how to measure the reputation risk and insurance investment environment challenges.