Nematrian Reference Library
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Set out below is information (held by the Nematrian website) on the reference you have selected
| Reference | Title | Link |
| Canadian Institute of Actuaries (2008) | Enterprise Risk Management: Should you be doing it? | here |
Summary
"This publication is intended to inform Boards of Directors and Senior Management about the emerging field of Enterprise Risk Management by providing basic information in the form of 10 Questions and Answers. Traditional risk management focuses on operational risk assessment and the development of strategies to manage and mitigate these risks. Enterprise Risk Management (ERM) improves upon traditional approaches by taking an enterprise-wide view of risks and by considering reduction of downside risks and the exploitation of upside opportunities. It incorporates risk culture at all levels of the organization with a view of increasing the long-term value of the firm." |
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