Risk surveys this year have indicated a growing trend within the industry for respondents to talk up the role of the chief risk officer (CRO) and the move towards enterprise-wide risk management, although how much of this is just idle chatter is yet to be fully determined. One such recent survey, which was conducted by the Society of Actuaries (SOA) and Towers Perrin, highlights respondents’ intent to re-evaluate the role of the CRO around the operational risk in 2010.

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