All Asset Risks articles – Page 10
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Features
A whimper and a bang
For European risk managers, the first decade of the third millennium began with the event that didn’t happen, the year 2000 or Y2K bug. As the decade continued, it brought fresh challenges to European risk managers, writes Lee Coppack
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Interviews
Firms trading in Russia warned over “grey practices”
Businesses trading in Russia could fall foul of efforts to defraud, facilitate money laundering, pay bribes and conceal conflicts of interest
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Analysis
Business urged to cut links with Iran
Companies face increased pressure by US-based lobbyists to cut business ties with the Iranian regime
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Airline prices flying high
2009 one of the most expensive years for Airline insurers, says broker
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Interviews
British sovereignty not threatened in Falklands
A local political risk analyst answers our questions about the Falklands oil situation
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Chile earthquake among world’s most powerful
RMS says insurance penetration is high in Chile and losses are expected to rise
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Plumeri urges “buyer revolt” on contingents
Willis chief tells StrategicRISK that buyers should drive contingents out of the industry by voting with their feet
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Insurance does not give rise to systemic risk
Insurance has proved to be a source of stability during the financial crisis, claims Swiss think tank
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Analysis
Falkland oil assets at risk in run up to Argentine elections
Drilling in the Falklands has sparked tensions and a populist decree poses confiscation risks to oil firms and cargo vessels
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Companies could be hit with “severe penalties” for manslaughter
Warning follows the introduction of sentencing guidelines for the Corporate Manslaughter Act
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Chartis creates new captive group
Objective is to provide client's with a single point of contact for captive issues
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Risk management leads to lower losses in energy sector
Report reveals fewer major losses in the energy infrastructure industry has reduced insurance costs
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UK insolvencies drop to lowest since 2007
Financial strength of businesses has improved 8% year on year
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Interviews
RIMS dismayed at return to contingent commissions
New York’s Insurance Department has followed Illinois’ lead and reinstated contingent commissions. This is not in the best interest of consumers, said RIMS
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Interviews
Brokers file suit to stop transparency regulation
The new rule requires brokers to tell clients how they are getting paid
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Reinsurers recover in 2009 says Cooper Gay
2010 could be more challenging with above average hurricane season expected
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Political interference greatest risk to banks
‘Banana Skins’ poll identifies top threats to banks