All Risk News articles – Page 261
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Analysis
What goes around, comes around
The financial crisis should lead risk managers to think again about risk transfer
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EC needs to clarify Solvency II
Systems like Solvency II and Basel II may not be the best way of delivering market stability, says consultant
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Businesses are still prepared to take risks
And BSI launches a new risk management standard to encourage businesses to pursue opportunities
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European Round-up
What is happening on the UK discrimination front
Employers can be liable for sexual harassment by a third party, says Anca Thomson
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European Round-up
Complaining customers show healthy markets
High numbers of complaints can indicate consumer confidence says Philip Hunt
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CPP offers insurers competitive advantage: Chubb
P&C insurers should not be allowed to access the US government funds set aside for the banking bailout, said Chubb in a letter
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BoE could cut rates again
Britain’s Chancellor hinted that the central bank was free to cut interest rates
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Marsh launches seminars to help with credit crunch
Scottish seminars aimed to help firms manage through the economic downturn
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MPs pass mandatory carbon reporting rule
All British companies will have to report their carbon emissions in a standard way by 2012
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Companies are worst at data breaches
Britain’s privacy watchdog called for tighter security after businesses were found to be the worst data breach offenders
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Lawyers don’t protect confidential data
A quarter of law firms admitted to losing confidential documents
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Fitch downgrades ING Bank
Also revises the Group’s outlook to negative on the deteriorating economic environment
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Financial crisis reinforces the case for Solvency II
EU should not water down the Solvency II directive or postpone the legislative process, said the CRO Forum
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Guide
Ships warned to anchor properly
The Standard P&I club has issued a safety bulletin to warn ships about the dangers of poor anchoring
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Europe at risk of recession
Growth prospects are being revised downwards, industrial production is shrinking and unemployment is likely to rise, says a new report from the WEF
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Insurers and brokers warn of shrinking market
A majority of industry executives think the commercial insurance market could shrink over the next year
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RIMS endorses Dinallo’s stance on contract certainty
Encourages other states to follow New York’s lead
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US P&C capital cushion could shrink by $80bn
Commercial insurance prices expected to stabilise if not increase, according to Towers Perrin
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Treasury hires accountants to administer bail-out
PricewaterhouseCoopers LLP and Ernst & Young will help with the purchase of troubled assets