The BIG Picture

Cantle, Neil J.; Smith, Bradley M.
April 2009
Best's Review;Apr2009, Vol. 109 Issue 12, p36
Trade Publication
The article discusses the significance of enterprise risk management (ERM) for the insurance industry. ERM is one of the risk-management techniques that can help life insurers prevent losses and be able to price correctly products such as mortality assumptions, hedging cost volatility and acquisitions. The types of risks that insurers are facing are discussed in the article including pricing risk, market-viability risk and asset-related risks.


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