Risk & Insurance

UPDATE — ENVIRONMENTAL RISK INSURANCE   By Paula L. Green   Demand for environmental and climate-change-related insurance is set to rise sharply.   Along with more government regulations meant to rein in multinationals’ damage to the environment, the heightened public ...

GLOBAL   By Anita Hawser   State Street’s Will Kinlaw Stress testing risk models and investment portfolios for extreme market events has certainly come into vogue in the wake of the financial crisis. Banks’ risk models were criticized for focusing ...

INSURANCE FOCUS   The fallout from the financial crisis is prompting risk managers to take a cold, hard look at their insurance providers. Many do not like what they see.   By Paula L. Green     Don’t let that ...

Preparing For The Worst   Multinationals are reassessing their business continuity plans as the global economic turmoil continues.   By Paula L. Green   In an increasingly intertwined business world with far-flung supply chains stretching across myriad time zones and ...

A WHOLE NEW BALL GAME   Businesses need to develop a new range of tools if they want to achieve truly holistic risk management.   By Denise Bedell   The world of risk management has changed drastically as a result ...

In the wake of the near-collapse of AIG, many companies are taking a much closer look at the health of their own insurers.   By Paula L.Green   Corporate risk officers are asking more questions, checking more documents, diversifying their ...

    Risk management is still not considered a core strategic function at some of the world’s biggest investment houses, according to a survey by research group SimCorp StrategyLab. Despite all the talk given to the importance of risk management ...

FOCUS ENTERPRISE RISK MANAGEMENT   Risk managers are heading back to the drawing board after finding their systems were incapable of flagging up the perils that have brought the financial and corporate worlds to their knees.   First developed more ...

CORPORATE TOOLBOX / POLITICAL RISK In recent years, political risks facing multinationals have grown more significant. Corporations are far from blameless in creating that risk, though.     Heightened tensions: Multinationals in countries such as Venezuela face growing risks. With ...

UK / GLOBAL     Growing awareness: Firms see risk management benefits in going green Multinational corporations are waking up to the fact that being “green” is not just for environmentalists. That was the message that came out of a ...

GLOBAL     Firms are unprepared for risks such as terrorist attacks Major companies are still struggling to come to grips with risk management, despite recent high-profile events such as the September 11 attacks, the London bombings, the threat of ...

United states     Most companies take out some form of professional indemnity, liability and business insurance, but the latest addition to companies’ insurance portfolios is property terrorism insurance. Such products are becoming increasingly prevalent among larger to mid-size US ...

TECHNIQUES / RISK MANAGEMENT   As corporate risk systems become more sophisticated, businesses are moving beyond simple compliance and proving that better management of risk can drive greater efficiency.     Over the past few years there has been a ...