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Rising economic risks highlight importance of enterprise risk management

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<title>Rising economic risks highlight importance of enterprise risk management</title>
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<namePart>A.M. Best Company</namePart>
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<publisher>A.M. Best</publisher>
<dateIssued>2023</dateIssued>
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<abstract displayLabel="Summary">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</abstract>
<note>Internacional</note>
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<topic>Gerencia de riesgos</topic>
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<topic>ERM</topic>
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<topic>Mercado de seguros</topic>
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<topic>Empresas de seguros</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080601522">
<topic>Evaluación de riesgos</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080589172">
<topic>Aspectos económicos</topic>
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