All Ticker Stories articles – Page 112
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Features
Cracking down on cartels
EU competition commissioner Neelie Kroes has vowed to get tough on companies that don't play fair. Neill Blundell says the EU and other regulators are giving a stark warning to boardrooms
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Features
Achieving a double whammy
Fred Mundt, Alex Hindson and George Nassif describe how applying an enterprise risk management approach to product liability risk allowed an electronics materials company both to provide assurance to its customers and to achieve a big reduction in its insurance premiums
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Analysis
UK coalition calls for common carbon reporting standard
An open letter addressed to the UK PM calls for the introduction of enabling powers in the Climate Change Bill for mandatory carbon reporting standards
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Analysis
EIL transfer deal
Property developers in the north west of England have completed an environmental liability transfer deal, following the acquisition of a former Kodak factory site
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Features
Risks and Opportunities of Nanotechnology
Building materials incorporating nano-particles may better withstand extreme events, but insurers worry about the liability implications of nanotechnology
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Features
UK Summer Floods Highlight Gaps in Flood Maps
Flood maps in the United Kingdom provide a good overview and are relatively comprehensive compared to flood maps for other countries, which tend to focus mainly on high risk areas. However, the summer 2007 floods highlighted a need for more information on urban and rural drainage, small rivers and ...
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Catastrophe Risk
A global earthquake model
A project to develop a uniform, worldwide earthquake model begins in early 2008 under the auspices of the OECD Global Science Forum
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Catastrophe Risk
Fallout continues from UK floods
Verbal skirmishes have continued between the Association of British Insurers (ABI) and the UK Government as a result of the £3 billion 2007 summer floods
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Catastrophe Risk
A deceptive quiet: Exposures continue to rise
The final tally for the 2007 hurricane season was 14 named storms, slightly above the long term average, and six hurricanes
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Features
Post-Katrina Litigation, Shows Need for Clarity
Hurricane Katrina was the single largest loss in the history of the insurance industry. Its place in the annals of insurance is also secure by virtue of it being the single most litigated loss on record. By Claire Wilkinson
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Features
From Chaos Theory to Commodities
Isla Gilmour is a meteorologist who advises commodities traders on the impact of weather on their business. She talks to Catastrophe Risk Management about how science supports this important market. By Lee Coppack
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Catastrophe Risk
World Records, Catastrophes and Extreme Value Theory
For curiosity or betting or for insurance and risk management purposes, we often require estimates of how ‘extreme' the values might be over a given time period. By John Birkenhead
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Features
Public Cat Schemes: Kittens Everywhere You Look!
Although the history of government insurance purchase for catastrophe risks is much shorter than that of the private sector, it is growing fast, as evidenced by the number of new schemes worldwide and the interest they have sparked in neighbouring countries. There are also clear trends in the development of ...
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Features
Getting a Handle on Cargo
Cargo accumulations. Hard to understand. Harder still to quantify. Until now. By Herbie Lloyd
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Features
How Building Codes Reduce Catastrophe Losses
Buildings completed under the requirements of a new Florida building code withstood hurricane winds in 2004 and 2005 while neighbouring, older properties were destroyed. But it should not take a disaster for our communities to adopt, implement and enforce the building safety codes that save lives every day. By Richard ...
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Features
From Soup and Beer to Drought and Downpour
Some 30% of businesses worldwide have some direct exposure to weather related risks and 60% have indirect exposure. By Jean-Christophe Garaix
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Features
Culture that Avoids Disaster
Six key areas of organisational culture are essential to prevent catastrophic incidents like the Texas City refinery explosion and loss of the space shuttle Columbia. By Scott Berger
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Online only
House of Representatives approves amended TRIA
The US House of Representatives has voted to extend and expand the post-9/11 terrorism risk insurance program
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Interviews
Zurich elevates CRO to exec status
Appoints Axel Lehmann to the role of chief risk officer
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Online only
Weak corporate governance detrimental to rating: Fitch
In a new report the agency said that corporate governance if not adequately conducted can be detrimental to a firms overall health