Cummins, J. David; Dionne, Georges; Gagné, Robert; … - Centre Interuniversitaire sur le Risque, les Politiques … - 2006
Risk management is now present in many economic sectors. This paper investigates the role of risk management in creating value for financial institutions by analyzing U.S. property-liability insurers. Property-liability insurers are financial intermediaries whose primary roles in the economy are...