Global risk management.(includes related article on J&H Marsh & McLennan official Scott Sanderson)(integrated risk management): An article from: Strategic Finance

This digital document is an article from Strategic Finance, published by Institute of Management Accountants on August 1, 1999. The length of the article is 2103 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: Honeywell Inc's integration of conventional hazard and financial risk with currency exposure under one insurance policy in 1997 was to rock the field of corporate risk management yet few companies have followed Honeywell's lead in 1999. Many observers believe that incorporating the currency, property casualty and commodity risks together will reduce the volatility of the individual risks in a cost effective manner. They note however, that the move from theory to practice has been the factor that is preventing many organizations from exploring the possibilities of integrated risk management. Most experts believe that for this to occur, many corporations must essentially alter the way they approach the management of different types of risk in a global context.

Citation Details
Title: Global risk management.(includes related article on J&H Marsh & McLennan official Scott Sanderson)(integrated risk management)
Author: Neil F. Carlson
Publication:Strategic Finance (Refereed)
Date: August 1, 1999
Publisher: Institute of Management Accountants
Volume: 81 Issue: 2 Page: 34(4)

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