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Businesses need to focus more on emerging risks: Report

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A report said that businesses need to focus more on emerging risks and adopt an imaginative approach to mitigate new threats, Continuity Central reported. The report by U.K.-based risk management association Airmic Ltd. and U.S.-based Marsh and McLennan Cos Inc. called on the firms to define, quantify and map emerging risks through discussions across business units and between boards and risk professionals.

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