Conditions Favorable For ERM Initiatives

Ha, Michael
December 2004
National Underwriter / P&C;12/13/2004, Vol. 108 Issue 47, p12
Reports on the popularity of Enterprise Risk Management (ERM), a business strategy focused on assessing aggregate risks across various risk elements, product lines and business units, in the United States property-casualty insurance sector. Helping insurers determine adequate capital levels based on overall risk measurements; Comparison in the implementation of ERM between the insurance and financial banking sectors; Factors attributed to the growth of ERM in the insurance sector.


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