Overview of Enterprise Risk Management
- Topics:
- Enterprise Risk Management
- Tags:
- Business Operations,
- Business Security,
- Casualty Actuarial Society,
- Enterprise Risk Management
- Source:
- Casualty Actuarial Society
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Overview: Enterprise Risk Management (ERM) is a "Big Idea". It can be viewed as the broad conceptual framework that unifies the many varied parts of the actuarial discipline. ERM provides a logical structure to link the subject areas together in a compelling way to form an integrated whole. In so doing, ERM addresses critical business issues such as growth, return, consistency and value creation. It expresses risk not just as threat, but as opportunity - the fundamental reason that business is conducted in a free enterprise system. This document is intended primarily to further the risk management education of candidates for membership in the Casualty Actuarial Society (CAS).
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Format: PDF | Size: 437KB | Date: May 2003 | Pages: 64
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