June 3, 2011 - NAIC's Own Risk and Solvency Assessment (ORSA) proposal demonstrates the growing importance of Enterprise Risk Management (ERM) for insurance companies and their ability to assess and manage risks. In this CreditMatters TV segment, Standard & Poor's Director Sridhar Manyem compares the proposals to our ERM review framework and discusses how the increased focus on risk management worldwide could influence insurers' ERM practices.
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