Insurance Age

EIU report

The latest Economist Intelligence Unit (EIU) report, sponsored by Ace European Group, has found that time constraints are hindering risk managers' efforts to help organisations prepare for catastrophes. Forty percent of senior risk professionals questioned said they did not regard these events as a priority and that little attention was given to preparation. Over 70% said that their organisation's investment in catastrophe risk management had either remained static or increased only slightly

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