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Cost Of Claims Top RM Concern

When it comes to controlling their total cost of risk, 64 percent of corporate risk and finance managers surveyed said their top concern was their retained cost of claims, including from captives.

By Caroline McDonald | Updated on November 14, 2010

When it comes to controlling their total cost of risk, 64 percent of corporate risk and finance managers surveyed said their top concern was their retained cost of claims, including from captives, according to professional services company Towers Watson.

The survey, “Risk and Finance Manager Survey: Snapshot of an Industry Poised for Change,” found that an additional 23 percent of respondents rated retained cost of claims as their second concern.

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