Survey finds risk managers' responsibilities are growing.

National Underwriter Property & Casualty-Risk & Benefits Management, May, 1998 by Friedman, Sam

San Diego Risk managers are "becoming increasingly involved" in other functions within their companies, including financial risk management, at the same time the challenges they face are growing as their firms expand globally, a survey by a leading insurer has found. Half of the 160 risk managers surveyed by Boston-based Liberty Mutual Ins.

Group said they are increasing their involvement in corporate finance issues. A third said they are broadening their duties to include "treasury management," which Liberty Mutual officials noted, includes financial exposures such as currency fluctuations. The risk managers surveyed also cited increasing involvement in contingency planning (56 percent), corporate strategy (49 percent), information technology (48...

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