Cost of risk lower, Aon survey finds.

National Underwriter Property & Casualty-Risk & Benefits Management, May, 1997 by Gjertsen, Lee Ann

Corporate America is demanding more and more from risk managers, according to participants in the recently released U.S. Risk Management Survey -- but technological innovations, a decreasing cost of risk and alternative funding methods are helping these professionals do their jobs better, the study found.

The study, conducted by Chicago-based broker Aon, asked 247 risk managers their views on topics ranging from industry consolidation to the future role of risk management in American business. Insurance And Cost Of Risk Examining costs over the past five years, 60 percent of respondents said their cost of risk had decreased, the survey found, while another 12 percent reported stable costs. Risk managers attributed this drop to lower workers'...

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