Can You “Manage” Enterprise Risk?

Disasters, both man-made and natural, have generated a lot of public attention in the past few years. According to data collected by the Centre for Research on the Epidemiology of Disasters (CRED), natural disasters cost the world’s economy $35 billion in 2009 and $110 billion in 2010. Disaster losses more than tripled to $380 billion in 2011. You can’t predict them, but you can mitigate their effects.

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Contributing Authors: Henry DeNero and Bennett McClellan