Rising economic risks highlight importance of enterprise risk management
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<subfield code="a">The abrupt escalation of economic risks underscores the importance of enterprise risk management (ERM). Many insurers lack robust stress testing and reverse stress testing processes; strengthening these frameworks can further enhance understanding and management of risks. The ERM framework of nearly 90% of our global rated population has been assessed as Appropriate. However, ERM processes are not static and need to evolve along with an insurer´s risk profile</subfield>
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