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IPRM Problem Solution

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Issue:

Business

 

Written by:

Robert J

 

Date added:

April 10, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 797

 

Was viewed:

3756 times

 

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Essay content:

However, IPRM like the rest of the international insurance industry has seen its earnings affected by climate and weather. There have been major losses in some years due to increases in weather-related risks. As the rest of the industry, IPRM is alarmed by reports that suggest increasing risk of weather related property damage due to global warming, and feels the need for realignment of its North American portfolio for better risk management and for hedging its US risks exposure...
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Vice President Jack Breeze has suggested retaining the consultant April Shower to conduct another study for the company. Jack reported that April declined the consulting job offered to her by IPRM, but provided him with parts of her last report completed in 1998. Moreover, April agreed that, if IPRM will hire an independent consulting team, she and her team would review, comment, and audit the report and its recommendations...
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