Op risk secrets

Industry keeps quiet about op risk insurance and risk transfer mechanisms

I know that journalists often have a hard time digging up stories but I had become used to the friendly, close-knit operational risk community happily relating their tales to me. So, when lately, on the particular issue of attaining capital relief from risk transfer mechanisms, the industry seems to have closed ranks on me, I was a little surprised. Could this be a knock-on effect from the industry being put under increasingly more pressure to demonstrate their business value? Understandably