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The evolution of risk management: Insights from industry practice

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As risks become more interconnected, fast-moving and shaped by increasing external volatility, firms are facing increasing challenges in managing effective oversight and resilience. In response, the industry is investing heavily in standardisation, optimisation and stronger management of interconnections. Together, these efforts are helping organisations move beyond traditional siloed approaches to risk management and towards capabilities that are increasingly integrated, dynamic and data-driven.  

This article draws on findings from recent Top Risk Reviews, our twice-yearly study of the risk landscape, associated risk management actions and perceptions of effectiveness.   true

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