sound risk management

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  ‘Gloomy Gus’ Would Make a Lousy ERM

  By Sam J. Friedman  |  March 9, 2012

  Perhaps the biggest challenge facing an insurance company’s enterprise risk manager is how to do the job effectively without being dismissed as a “Gloomy Gus” by their growth-oriented colleagues.

• Bill for Flood-Risky Farmers Could Add to NFIP Debt: Heartland

  By Arthur D. Postal, PropertyCasualty360.com  |  February 21, 2012

  Legislation that would provide subsidized premiums under the National Flood Insurance Program for farmers whose properties are at-risk due to aging and substandard levee structures is being criticized by experts at the Heartland Institute, a think tank.

• IIF: Regulatory Modernization Needs Better Coordination

  By Mark E. Ruquet, PropertyCasualty360.com  |  August 18, 2011

  The Institute of International Finance says regulators need to coordinate development of reforms affecting the banking and insurance industries to avoid unintended consequences.

• Swiss Re Looks Beyond Risk Models

  By Caroline McDonald, PropertyCasualty360.com  |  May 19, 2010

  While good governance, disclosure, and modeling are all vital components, effective risk management also entails creating a proactive culture and examining the reality beyond the models.

• Risk Management More Than Just Models, Swiss Re Says

  By Caroline McDonald, PropertyCasualty360.com  |  May 18, 2010

  While good governance, modeling and disclosure are vital to insurance risk management, the risk manager also has a pivotal role to play in creating a proactive and preemptive risk management culture, Swiss Re said.