The specifics

The specifics

The specifics

The IASB singled out a number of key areas within the proposed accounting standards that need ‘re-deliberation’ in combination with the FASB over the coming months. These are the most important points of debate. CRE Editor Adrian Ladbury asked Jerry de St. Paer, Executive Chairman of the Group of North American Insurance Enterprises (GNAIE), to explain his perspective on each point.

Mining premium may be lost if Queensland losses are disputed

Mining premium may be lost if Queensland losses are disputed

Mining premium may be lost if Queensland losses are disputed

With losses from the Queensland floods complicated by the number of weather related events deemed to have contributed to the disaster, Bowring Marsh’s head of global mining has called on the insurance industry to show the value of its products in order to stop mining companies from deciding to withdraw from the market.

Rise in UK inflation highlights WEF’s commodity price risk concerns

Rise in UK inflation highlights WEF’s commodity price risk concerns

Rise in UK inflation highlights WEF’s commodity price risk concerns

An unexpected rise in the UK’s inflation figure on the back of energy and fuel price hikes has brought into sharp focus warnings made last week in the World Economic Forums Global Risk 2011 report that business and governments alike face a new age of commodity price volatility, which will have serious consequences for both.