Reaffirming Your Company’s Commitment to ERM in Light of the Financial Crisis

Submitted on 7th September 2017

The current financial crisis underscores the need for companies to take a sobering look at their approach to risk management. Among the many lessons to be learned, one is immediately clear: The subprime debacle represents a failure in risk management, rather than a failure of risk management. Considers 2 Towers Perrin studies with top finance executives, getting their views on risk management within their companies.

Source
Society of Actuaries (US)
Length of Resource
4 pages
Author
Prakash Shimpi
Date Published
Publication Type
paper
Resource Type
academic