Risk Management

Firms that invest in enterprise risk management (ERM) must quantify the value, even though it can be ephemeral. Here are four methods.

Fraud costs the average U.S. consumer $400 to $700 in increased premiums each year, but new tools and better data can make inroads.

A claim for the cancellation of a single show can run into the tens of millions of dollars, depending on the artist and the logistics.

While worries about interest rates and Fed decisions have made financial markets volatile, the real issue is global currency values.

The recent free fall makes it feel as if we're entering a bear market, but stocks have actually been experiencing a correction for some time.

Starbucks' director of risk management says: "Our job is to train others. . . to make good, sound risk management decisions."

For example, economic capital models (ECMs) reduce risk -- but having a complex model doesn't work any better than a simple model.

Numerous Fintech newcomers, building on the telematics model for autos, are taking dead aim at the health and home insurance markets.