History

management.

evelopment of ERM

What is ERM?

management.

Financial Sense of ERM

Enterprise Risk Management (ERM)

the Company.

Capital

t h e

a n d

This article describe how ERM helps in providing good framework of capital allocation, optimizing the return and manage projects within the Company in a given the risk and return objectives.

risk appetite (σ(A

σ(m σ(Aσ(m

market.

D

Student Column

43the Actuary India �������� 43

appetite σ(A

σ(A

σ(A

monitoring and risk reporting so that σ(A

σ (A

marathon.

Mr. Sonjai KumarMr Sonjai Kumar

Employment Opportunity

44 the Actuary India ��������44