All Ticker Stories articles – Page 99
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US representatives call for more scrutiny of foreign investors
House Financial Services Committee calls on Treasury to address sovereign wealth funds in FINSA regulations
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Hiscox launches SME partnership
New underwriting division follows Hiscox’s 2007 acquisition of Allison & Partners
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Catastrophe Risk
The Goldfinger catastrophe theorem
James Bond villain Auric Goldfinger explained his approach to causation in the following way: “Once is happenstance. Twice is coincidence. The third time it’s enemy action.”
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Property owners need to manage asbestos risk: NU
Norwich Union joins HSE in warning tradesmen of the dangers of asbestos
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Reebok fined for importing toxic bracelets
Agrees to pay $1m civil penalty after a product recall
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Flood tops insurance risk league table
Flooding is the biggest ‘act of nature’ risk to the UK, says research
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AIG pays record $13.5m penalty to Pennsylvania
Penalty relates to allegations of false reporting, bid-rigging and improper commission practices
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Biggest challenge is demand for differentiated value: Plumeri
Willis chairman and CEO highlights insurance industry megatrends at Lloyd’s conference
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Merrill Lynch partners with CPD
Global partnership designed to create unified business response to climate change
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Most death related fines 'irrelevant': CCA
A corporate accountability group is urging courts to impose heavier fines for death related health and safety offences
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CAA urges regulatory reform
The economic regulator for UK airports has called for reform in the system for setting price controls at airports
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Hewitt, Enron reach $11.2m settlement
More than $11m will be restored to the settlement fund for former Enron employees who lost their pensions when the company collapsed
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Fed takes emergency moves to stabilise markets
The Federal Reserve has announced two initiatives designed to bolster market liquidity in the wake of Bear Stearns’ crisis
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JPMorgan buys Bear Stearns for $2 a share
Fed pays $30bn to help JP Morgan complete its purchase of Bear
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Scientists simulate pandemic influenza outbreak in Chicago
Researchers say household antiviral measures and a reduction in contact between individuals could lower the spread of the disease
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Climate change greatest strategic risk to insurance industry
Report highlights top ten risks to insurers
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UK companies suffer most from climate change
British companies (51%) were the most likely to view extreme climatic factors as a threat to their businesses, says a study