All Asset Risks articles – Page 22
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Catastrophe Risk
The 2008 Atlantic Hurricane Season
During the 2008 hurricane season, the number of tropical storms and hurricanes exceeded long term averages. The year produced two events which resulted in serious damage in the United States; Hurricanes Gustav and Ike, and an unusually strong late storm, Hurricane Paloma. By Peter Dailey
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Catastrophe Risk
Disasters bulletin: 26 July to 25 October 2008
By Professor Bill McGuire of Aon Benfield UCL Hazard Research Centre
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Online only
Aon launches new piracy protection
Says new insurance fills the gap in cover for the financial impact of business interruption
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Features
Solutions not problems
A four pronged approach to supply chain risk management can improve resilience and the value of the insurance programme says Jim Carruthers
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Crisis increases political risks
International relations are feeling the strain of the economic crisis says the CBI’s director general
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Santa Ana winds whip up wildfires
Optimistic predictions say fires will be contained by mid-week
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New piracy protection launched for Gulf of Aden
Lloyd’s broker teams up with security specialist to offer piracy solution
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Risk management in Italy
Interview with Gilbert Kervella, AXA Corporate Solutions' general representative for Italy
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New administration spells uncertainty for AIG
Italian risk managers raise doubts over the future of AIG’s European insurance operations
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Downturn focuses attention on risk management
Strong risk management could help companies gather capital at a lower cost
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Treasury forces AIG to curb exec compensation
The government handed AIG another $40bn but insisted it had to comply with stringent limitations on executive compensation
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US restructures AIG's financial support
Government purchases $40bn of preferred stock, lowers the interest rate on the loans, and buys mortgage-backed securities and CDOs
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Marsh launches five new products
The new products spread risk across a number of carriers
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Credit crisis worsens in Europe: Coface
Credit insurer downgrades the UK, Ireland and Iceland, and places Italy and France on negative watch
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Ships should avoid Somali coast
Club issues guidance to on how to protect crew from pirates
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Analysis
What goes around, comes around
The financial crisis should lead risk managers to think again about risk transfer