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While the U.S. insurance industry is making strides toward Risk Management and Own Risk Solvency Assessment Model Act (RMORSA) readiness, a survey conducted by PwC shows a gap appears to exist between the perception of RMORSA preparedness and the actual completeness of insurers’ enterprise risk management frameworks.

PWC has just released its 2012 U.S. Insurance ERM & ORSA Readiness Survey.

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