Cost of risk plunges by 11 percent. (survey by Tillinghast-Towers Perrin and Risk and Insurance Management Society): An article from: National ... & Casualty-Risk & Benefits Management

This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on December 2, 1996. The length of the article is 1244 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Organizations reported their average cost of risk in 1995 was $6.49 per $1,000 in revenue, a reduction of 11% from the previous year, according to a survey of 644 US corporations. The average number of staff employed in risk management fell 15.4% to 4.6 employees. The biggest risk factor, workers compensation, fell 13.5% in 1995, part of a 36% decrease since a high point in 1992 of $3.81 per $1,000 of revenue.

Citation Details
Title: Cost of risk plunges by 11 percent. (survey by Tillinghast-Towers Perrin and Risk and Insurance Management Society)
Author: David M. Katz
Publication:National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: December 2, 1996
Publisher: The National Underwriter Company
Issue: n49 Page: p1(2)

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