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What is the primary role of a Chief Risk Officer (CRO) in an insurance company?
  • a)
    To oversee the investment portfolio.
  • b)
    To manage the claims department.
  • c)
    To facilitate risk management across the organization.
  • d)
    To handle underwriting decisions.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is the primary role of a Chief Risk Officer (CRO) in an insurance...
The primary role of a Chief Risk Officer (CRO) in an insurance company is to facilitate risk management across the organization. The CRO ensures that risk management is centralized, provides risk-related inputs to decisions, and plays a key role in managing the overall risk framework of the company.
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What is the primary role of a Chief Risk Officer (CRO) in an insurance company?a)To oversee the investment portfolio.b)To manage the claims department.c)To facilitate risk management across the organization.d)To handle underwriting decisions.Correct answer is option 'C'. Can you explain this answer?
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