NU Online News Service, Sept. 15, 1:59 p.m. EDT

While many insurers have adopted the concept of a chief risk officer, a CRO's functions and authority are largely underdeveloped, according to a new study by Deloitte.

The study, "Insurers Risk Intelligence: New Insights and Opportunities for Risk Management," released yesterday, discusses the complexity of the industry's risk exposures and the opportunities to enhance risk management practices.

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