Altuntas, Muhammed; Berry-Stölzle, Thomas R; Hoyt, Robert E - In: The Geneva Papers on Risk and Insurance - Issues and … 36 (2011) 3, pp. 414-439
Implementing a properly functioning enterprise risk management (ERM) programme has become increasingly important for insurance companies. Unlike traditional risk management where individual risks are managed in separate silos, ERM is based on the concept of managing all relevant risks in an...