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11th September 2011

Leading North American insurance risk managers form advisory council

Chief risk officers from 12 leading p & c insurers and 11 life insurers in North America have formed a council to deal with industry risk management issues.
The North American CRO Council aims to develop and promote leading practices in risk management. Specifically, it will be involved in developments regarding capital requirements across jurisdictions, and provide input and research to regulators on solvency and emerging risks, reports Business Insurance.