A statement of (i) the risk management objectives of a business, and (ii) the authority and responsibility of the risk manager. (B) Risk management policy statement in a written Risk Management Policy Statement: Sample of Policy Statement : Risk management is the process of making and carrying out decisions that will minimize the adverse effect of accidental losses upon our company. The risk management process is vital to the personal health and safety of employees and the safety of the public. In financial terms, it is vital to our ability to pursue our goals, commence and operate programs, and to perform duties in an efficient and professional manner.