All Company Risk articles – Page 21
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RIMS calls for regulation of broker commissions
US association wants contingent fees to be prohibited
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Advice to combat bribery risk
In light of FSA’s record fine against Aon, Robertson & Co. issued advice to other companies
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Commission begins legal action against S&P
Claims the rating agency may have abused its monopoly of financial market data
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US regulators charge two traders with fraud
Two men were arrested for allegedly defrauding investors of $15m
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Analysis
Aon’s bribery fine is a major milestone
But UK authorities have a long way to go to match their US counterparts
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Analysis
Whatever happened to Wall Street?
Problems in the financial services sector are not just the result of a lack of oversight
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Analysis
The year ahead
Resource shortages and the impact of the financial crisis are likely to be the big risks in 2009, says Control Risks
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Lawsuit seeks to stop AIG bailout
A Christian rights group claimed the US Treasury's support of AIG is anti-American
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Madoff fraud will have huge impact on insurers
Investors in Madoff’s funds will inevitably face action from disgruntled clients, says JLT
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AIRMIC ‘disappointed’ with industry solution on disclosure
The insurance buyers association wants guidance on what constitutes appropriate practice
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Siemens AG fined $1.6bn for foreign bribery
The company along with three subsidiaries pleads guilty to Foreign Corrupt Practices Act violations
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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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Regulation essential for economic recovery
Environmental coalition says the challenges posed by sustainability require a rapid transition to a green economy
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CEA calls for constructive discussions on Solvency II
Also expresses disappointment at decision of European finance ministers in Brussels
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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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Features
Emerging issues
Nathan Skinner chairs a discussion on the issues that will be important for 2009 and beyond
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AIRMIC Portfolio
Concerns in current market
Risk managers are more concerned about the security of the insurance industry than rising premiums at present
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Deloitte settles for $40m with Pennsylvania
Settlement to do with claims of negligence in connection with defunct insurer Reliance
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Analysis
Where were the ethics?
Everyone who knew about escalating problems in the financial system had a moral obligation to voice their concerns, but no one did. That is not a good reflection on business ethics.
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Law Commission proposes tougher rules on bribery
The proposals introduce two new offences that could have important consequences for business