All Weekly Email Alert articles – Page 83
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Hiscox launches SME partnership
New underwriting division follows Hiscox’s 2007 acquisition of Allison & Partners
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Catastrophe RiskThe 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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Online onlyProperty owners need to manage asbestos risk: NU
Norwich Union joins HSE in warning tradesmen of the dangers of asbestos
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Online onlyReebok fined for importing toxic bracelets
Agrees to pay $1m civil penalty after a product recall
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Online onlyFlood tops insurance risk league table
Flooding is the biggest ‘act of nature’ risk to the UK, says research
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Online onlyAIG pays record $13.5m penalty to Pennsylvania
Penalty relates to allegations of false reporting, bid-rigging and improper commission practices
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Online onlyBiggest challenge is demand for differentiated value: Plumeri
Willis chairman and CEO highlights insurance industry megatrends at Lloyd’s conference
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Online onlyMerrill Lynch partners with CPD
Global partnership designed to create unified business response to climate change
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Online onlyMost 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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Online onlyCAA 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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Online onlyHewitt, 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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Online onlyFed 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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Online onlyJPMorgan buys Bear Stearns for $2 a share
Fed pays $30bn to help JP Morgan complete its purchase of Bear
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Online onlyScientists 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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Online onlyClimate change greatest strategic risk to insurance industry
Report highlights top ten risks to insurers
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Online onlyUK 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
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Online onlySocGen shareholders file lawsuit in US
The complaint alleges the bank misled investors about its exposures to the subprime mortgage market and failed to act on information about rogue trades
