ERM Implementation Challenges: Embedding Risk Culture and ORSA

Survey highlights the top challenges facing enterprise risk management advancements and the rewards of overcoming them.

INN Breaking News, February 21, 2013

Justin Stephani

North American insurers ranked product pricing (51 percent versus 39 percent in 2010), risk strategy (48 percent versus 38 percent in 2010) and reinsurance strategy (44 percent versus 34 percent in 2010) as the areas of their business most impacted by their evolving enterprise risk management (ERM) programs, according to a new Towers Watson survey.

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