New York — While the large majority of insurance companies today have enterprise risk management (ERM) policies, they are still being developed rather than fully integrated elements of the corporation. This is one of the findings of a new Ernst & Young LLP report released yesterday that illustrates a progress report on insurance risk leadership.

This third bi-annual survey of chief risk officers (CROs) delves into current and future ERM plans of major insurers and captures qualitative insights based on an in-depth discussion of the results at a recent senior executive roundtable.

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