While embedding enterprise risk management remains a challenge for insurers, large companies are further along, and those that are successful find ERM helpful in decision-making, according to a consulting firm survey.

The Towers Perrin report, “Embedding ERM–A Tough Nut To Crack,” included many of the world’s largest insurers, more than half with revenues higher than $1 billion and about 16 percent taking in more than $10 billion annually–representing both property-casualty and life insurance.

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