Companies boost enterprise risk management

Majority have made progress in this area, according to new Aon survey

More companies have employed mature enterprise risk management practices, according to Aon's 2010 Global Enterprise Risk Management (ERM) Survey.

Some 62% of respondents identified themselves as having progressed beyond basic ERM practices, compared with 38% of those surveyed in 2007.

Aon said it sees this as a clear indication that companies are integrating risk management processes beyond senior management and developing more transparent relationships with key stakeholders like shareholders

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