Enterprise Risk Management - An Insurance Perspective & Overview
Journal of Financial Transformation, Vol. 22, pp. 117-122, March 2008
6 Pages Posted: 9 Apr 2008
Date Written: 2008
This paper discusses Enterprise Risk Management (ERM) from the perspective of an insurance company; however, the framework presented and solutions discussed are broadly applicable to any industry or business sector. The paper begins by identifying insurance value drivers as well as the risks generated by those drivers over time. ERM-specific solutions for managing the risks, which include integrated risk transfer structures, restructuring, and operational reengineering, are then discussed. The paper ends with a brief conclusion.
Keywords: Risk, Enterprise Risk, Insurance
JEL Classification: L29, M19, M29
Suggested Citation: Suggested Citation