In Measuring the Benefits of Enterprise Risk Management in Insurance: An Integration of Economic Value Added and Balanced Score Card Approaches

Submitted on 25th June 2015
ERM and Risk Management Framework
Benefits of ERM
ERM
No specific risk

Risk is inherent to all functions of a business. Enterprise risk management (ERM) is for the measurement and the management of all significant risks of the business holistically irrespective of types and sources. Consequently, the portfolio of enterprise risk includes both objective and subjective elements. Two key benefits of ERM

Source
Society of Actuaries
Length of Resource
25
Resource File
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Author
Dr. Madhu Acharyya
Date Published
Publication Type
paper
Resource Type
academic