Survey Shows Corporations’ Emphasis on Risk Management Initiatives, Expressed Need for Clarity Among Stakeholders


Ninety percent of risk management experts surveyed have implemented or plan to implement an enterprise-wide risk management approach, according to a new survey from the Society of Actuaries (SOA) and its partners. As corporations work to gain a foothold following the global financial crisis, businesses are taking a closer look at risk management implementation and the role of the Chief Risk Officer (CRO), as noted in the survey. Other top factors in the decision to implement ERM are ratings agencies and risk events affecting the firm.

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