Catastrophic uncertainty makes risk management harder, RIMS says

07/5/2013 |

(Mark Wilson/Getty Images

Finance executives are increasingly worried about natural catastrophes and the accompanying disruption such events have for operations. They also are worried about the gaps in their financial protection against such risks, according to a letter sent by the Risk and Insurance Management Society response to a request for comment by the Treasury Department. The uncertainty is making risk management budgeting and planning increasingly difficult.

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