Challenging times for CROs

Chief risk officers

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The challenges facing the insurance industry at the moment are substantial – a hardening market, reduced capacity, loss of regulatory capital, and new attention from international regulators – might make the job of chief risk officer (CRO) seem to be a rather high-stress role. It is.

And recent events, such as the collapse of US-based energy trading firm Enron, have highlighted the need for firms to have a much more integrated view of risk across their organisations. “Enron was a wake-up

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