Business Editors STAMFORD, Conn.--(BUSINESS WIRE)--May 15, 2008--To further explore the growing importance of economic capital (EC) in quantifying risk within an enterprise risk management (ERM) framework among insurers in North America, the Society of Actuaries (SOA) Committee on Financial Research commissioned a research paper to examine more closely the mechanics and implementation of EC frameworks in North America and globally. The subsequent report was written by the Tillinghast insurance consulting business of Towers Perrin, a global professional services firm, with industry input...
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