As a global leader in risk management services, combining our North American divisions and integrating our products across all lines of business further enhances our ability to provide even greater quality service and drive growth. Our customers will notice that the options and services available to them have been enhanced and that the new structure will provide access to all services from a single entry point.

The best security organizations I've worked with understand and attempt to quantify the risk-management decisions they make on an ongoing basis.

The goal is to come up with aggressive and comprehensive risk management strategies.

Our risk management strategy has been to better understand our own products and markets–now and in development–so we can not only respond to the underwriters' concerns, but we can more clearly address our own concerns. At the end of the day, the risk is with the company.

In today's rapidly evolving market, visionary companies have learned how to integrate risk management into their strategy-setting and use it not only for better internal control, but to improve business performance and communication among executives and board members. Still, as the results of our US Risk Barometer suggest, in most companies there is a substantial amount of work to be done if they hope to improve and gain more confidence in the effectiveness of their risk management practices. Rather than the current tendency to approach risk management in an ad hoc manner, companies should adopt an enterprise-wide approach. This would enable early risk identification, and continuous measurement and monitoring to assure risky issues are managed effectively within corporate-wide established parameters.

We have low levels of arrears, strong credit risk management and a low risk balance sheet.