Charting The Risk Management Course

Topics:
Risk Analysis and Management
Tags:
Aon Corp.,
Risk Management,
Risk Manager,
RMIS
Source:
Aon

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Overview: The risk management landscape has changed dramatically over recent times, fuelled by the meteoric rise in litigation, greater regulatory control, the impact of corporate governance, and the changing practices towards self-retention and transfer of risk. A RMIS demonstrates commitment on the part of the risk manager to better understand and manage the corporation’s risk portfolio. Underwriters are adverse to any form of speculation, so the risk manager should attempt to reduce it to the minimum and demonstrate that he is in control. It allows the risk manager to put into place realistic and achievable risk reduction goals and to maintain an optimal level of self-retention of risk.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 573KB | Date: Jan 2003 | Pages: 2


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