All Business Continuity articles – Page 33
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Europe votes to strengthen environmental rules
Environmental groups welcome tougher laws but express disappointment that certain measures to tackle industrial emissions have been watered down
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AIG’s bailout goes direct to banks
At least $50bn of the federal bailout money has benefited around 12 financial institutions, reports said
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New 9/11 could be coming
Intelligence sources indicate that a 9/11 style catastrophic terrorist attack may be more likely over the next few years
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Developing world needs $700bn investment
We need investment in safety nets, infrastructure, and small and medium size companies to avoid social unrest, says World Bank president
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Nigeria set to prosecute two over bribery
Two Britons admit to bribing officials to secure contracts in the country
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XL ups environmental cover under general liability
Insurer responds to increased liabilities arising from the Environmental Liability Directive
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Supreme Court holds Wyeth accountable for safety label
The decision could leave drug companies exposed to more liability lawsuits
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AXA reassures investors
We have never asked anyone for help, says head of insurance group
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Risk managers predict another crisis
Most of those polled thought senior management changes were needed to prevent another crisis
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Analysis
D&O flood could drown insurers
The D&O market is deeply troubled and some insurers will be forced into insolvency over the next 18 months
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US commercial lines market stable: AM Best
Expects an overall flattening of rates in 2009
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Norwegians form risk management association
The Royal Norwegian Embassy in London played host to the first official gathering of Norwegian risk managers
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Analysis
Buyers should pay for ratings
Ratings paid for by investors would eliminate the conflicts of interest that contributed to the financial crisis, says New York Insurance Superintendent Eric Dinallo
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Analysis
Risk is back
Risk decision making should be based on proper analysis of relevant, timely and accurate information not subjective fears, says Nathan Skinner
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Eastern Europe in deep crisis
European Union leaders rejected a multi-billion dollar rescue plan for Eastern Europe which is facing a deep economic crisis
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AIG UK hived off following parent company's $61.7bn loss
AIG announces 2008 results and massive corporate restructuring
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AIG reports $61.7bn Q4 loss
Represents the largest loss ever in American corporate history
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Features
Risk in a recession
Risk is following hard on the heels of the recession, warns Nathan Skinner
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Editor's Letter
Recovery at a price
There is fear in the current recession – and fear breeds inaction.