News Risk Management30 Sep 2020

Pandemic flags insurers' ERM frameworks

| 30 Sep 2020

The coronavirus pandemic has highlighted the need for insurers to review their enterprise risk management (ERM) frameworks and guard against complacency. In a new report the ratings company AM Best has said that enterprise risk management has evolved rapidly over the past decade but COVID-19 has shown the weaknesses that exist in the identification, measurement and management of risk.

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