All Claims Management articles – Page 28
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Crisis spurs investment in risk technology
The market for risk management systems is expected to grow by 13%
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HBOS risk boss was ignored
A senior risk officer warned that the bank was moving too fast but he was ignored
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Online onlyData loss could rise during downturn
More redundancies and a growing black market for stolen information contribute to the problem says Overtis
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Safety body welcomes new health and safety law
The British Safety Council said the new Act, which threatens employers with prison over health and safety offences, would help increase internal controls
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Online onlySlow growth for Euro insurers in 2009
Further write-downs are expected and certain lines will be curtailed, according to Ernst & Young
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Klaus Schwab delivers Davos speech
The world is experiencing a wake-up call to overhaul its institutions, systems and attitudes, claimed the World Econommic Forum’s founder
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Hiscox warns of rise in ‘unfair dismissal’ claims
The insurer said redundancies can lead to a leap in this type of claim
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UN Global Compact urges action on climate change
Secretary-General Ban Ki-moon stressed that climate change ‘threatens all our goals for development and social progress’
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Online onlyFrench insurers respond to hurricane
The Federation Francaise des Societes d’Assurances said insurers are responding to policy-holders as quickly as possible
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Online onlyRisk still ignored in the boardroom
Risk management still seen as a compliance function in the majority of firms, despite the credit crunch, finds E&Y study.
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Online onlySwiss insurers stand firm
The insurance market in Switzerland has coped well with the difficult economic environment, according to the country's trade association
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Online onlyRubber chemical could cause cancer
Workers that come into contact with a chemical used in rubber production are at high risk of developing cancer, new research revealed
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Online onlyUS pension plan deficit hits record $409bn
At the end of last year estimated pension plan assets declined to $1.2 trillion compared with liabilities of $1.6 trillion
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AIG’s auto unit ‘extremely attractive’
The rebranded auto insurance unit could be among the easiest to sell, said Bloomberg
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AnalysisWhatever happened to Wall Street?
Problems in the financial services sector are not just the result of a lack of oversight
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Online onlyLloyd’s gets Guernsey licence
The London market is cleared to write general insurance business in Guernsey
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Online onlyUS P&C income declines 92%
Deteriorating underwriting and investment results hit the industry hard
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Aon warns of claims ‘perfect storm’
New liabilities, increasing legal costs and more fraudulent claims will make life tough for business in 2009
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Online onlyBuncefield final report published
Industry needs to continue to apply improvements, say regulators
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AIG awarded $85m from Bank of America
Damages stem from allegations of fraud in a 1998 securities sale
