The Soft Side of Risk Management

Panning, William H.
October 2008
Best's Review;Oct2008, Vol. 109 Issue 6, p74
Trade Publication
The author reflects on the soft side of enterprise risk management and the financial crisis in the insurance industry in the U.S. He tackles the three principal causes of the financial troubles in the sector and elaborates the third rule which allows chief executive officers (CEOs) get an annual bonus. He believes that changing the rules to make compensation reflect risk exposure is not easy.


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