All Liabilities articles – Page 33
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AnalysisGreen habits
Companies should continue their green initiatives even in a struggling economy
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Online onlyUS sets limit on exec pay for bailout firms
President Barack Obama has set a $500,000 limit on annual pay for executives at propped-up companies
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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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Torus offers $50m casualty capacity
The insurance can be accessed through the Bermuda office
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AnalysisBanks need better risk info
The ability to successfully document a risk profile could help banks manage their risks properly, says Mikael Krohn
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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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AnalysisRisk governance is the way forward
For risk management to work it needs to be focused strategically and not ignored as a back office function, say the authors of Global Risks 2009
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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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Q4 worst quarter for dividends since 1950s
More public companies decreased their dividends
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Online onlyCrisis won’t be over before 2010: Survey
Risk experts expect the worst effects of the credit crisis to drag on into next year
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Online onlyUS P&C income declines 92%
Deteriorating underwriting and investment results hit the industry hard
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Online onlyMadoff 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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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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Catastrophe RiskThe 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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Insurance won’t respond to Irish pork scare: Broker
First party product recall insurance will not indemnify for the costs associated with contaminated pork products, said Miller
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Dolmans defends ‘exaggerated’ vibration exposure case
Law firm says employers should scrutinise compensation claims closely
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Online onlyThe UK War Risks Club opens to international members
Becomes first international war risks mutual
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AIRMIC and insurers agree reservation of rights principles
Principles intend to clarify why a reservation of rights would be used and to improve dialogue between parties
