About This Event
Nearly every company doing business beyond its own borders faces the challenge of cost effectively managing currency translation risk. Each year, corporations incur significant currency-related losses due to global currency volatility. Companies that do not manage their FX risk exposure effectively incur earnings impairment which is capital dilutive. Application of the fundamental Enterprise Risk Management ("ERM") principals of risk pooling; proportionate risk sharing; and rank correlation, yields a structured insurance solution which results in equitable pricing and yields lower overall capital requirements, which is accretive to book value.