Conditions Favorable For ERM Initiatives They may be in the risk business, but p-c insurers lag behind financial services counterparts

Enterprise Risk Managementa business strategy focused on assessing aggregate risks across various risk elements, product lines and business unitsis rapidly gaining acceptance in the U.S. property-casualty insurance sector, according to industry observers and participants.

ERM also helps insurers determine adequate capital levels based on such overall risk measurements.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.