All Risk News articles – Page 257
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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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Authorities uncover another massive Ponzi scheme
The owner of Agape World has been charged with running a $370m fraud scheme
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UK underwriters expect rates to rise
Most underwriters said property, motor and liability markets would harden in next three months, according to a survey
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Online onlyWinter storm wreaks havoc in Spain and France
184 km/h gusts are strongest since records began
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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 onlySoft market not over but losing steam
Modest decreases in premium rates but economic crisis puts pressure on insurers to raise rates, finds RIMS survey
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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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SIFMA welcomes financial intervention package
Package includes a number of specific initiatives to help increase lending
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Online onlyFSA fines electronics company for delayed disclosure
Wolfson Microelectronics was fined £140,000 by the UK regulator for failing to reveal information to the market
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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 onlyFTSE350 pension deficit soars to £33bn
Corporate default risk also rises fourfold, according to Mercer
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Online onlyRIMS 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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Online onlyCommission begins legal action against S&P
Claims the rating agency may have abused its monopoly of financial market data
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Online onlyUS regulators charge two traders with fraud
Two men were arrested for allegedly defrauding investors of $15m
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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
