Marsh & McLennan Companies has created MMC Enterprise Risk, a new operating entity that will help MMC respond on an integrated basis to the various risks faced by corporations. Bob Khanna, formerly of Citigroup, will head the entity. Khanna most recently served as president and chief executive officer of the personal lines division of Travelers Property and Casualty. Business risks have traditionally been divided into broad categories脨such as hazard, financial, operational and strategic risks脨and managed separately. Enterprise risk management studies the combined effect of risks on client companies.
Was this article valuable?
Here are more articles you may enjoy.
Wall Street Banks Try Out Anthropic’s Mythos 
Data Centers Offer a Potential $10 Billion Windfall for Insurers 
Albertsons Reaches $774 Million Opioid Accord, Records Loss 
California AG Opposing Oil Pipeline Special Permit to Waive Safety Regulation From This Issue
