RM News
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JP Morgan loss strengthens case for improved risk management standards—ISO chair
The recent loss of billions of dollars by US bank JP Morgan due to risky trading has strengthened the case…
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UK insurers failing on risk culture survey shows
UK insurers are failing to embed a fully effective risk culture with almost half of all boards not playing their…
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Innovation debate hots up as JLT launches intangible package
As pressure from risk managers across Europe for the insurance industry to react faster, bolder and with more imagination to…
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New Risk Framework proves every cloud has a risky lining
The anticipated adoption of cloud computing by business could be hampered by a failure to properly understand and address the…
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Guernsey made right decision to avoid ‘disproportionate demands’ of SII—Aon
Guernsey’s decision not to apply for equivalence under Solvency II is having a positive impact on its status as the…
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Corporate round-up
ACE launches global mapping tool to help clients evaluate catastrophe and supply chain exposures, Guernsey Finance to appoint Le Poidevin…
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Sustainable policies boost risk management at financial firms says think tank
The integration of sustainable Corporate Social Responsibility (CSR) policies with risk management strategies can boost the ability of financial firms…
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IOR elects new council members and include first international representative
The Institute of Operational Risk (IOR) has elected three new council members, including, for the first time, a director from…
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Time to ‘end the deadlock’ on CBI says DVS commitee
The 2011 floods that hit Thailand had enormous repercussions and led to heated debates in Germany and the rest of…
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German risk managers unhappy with cyber products on offer
Cyber cover leaves a lot to be desired, say German risk managers, with the development of standalone policies not universally…
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IGREA launches good practice guide to help avoid claims conflict in Spain
IGREA, the Spanish risk management association, has decided to try and smooth out the claims process, or at least help…
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Is Nero at it again?-comment
St Gallen is a pleasant and sleepy town that is the capital of eastern Switzerland and host to the University…
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The big question for domiciles–in or out?
Solvency II raises some big questions for captive owners and managers but also for the domiciles themselves. Tony Dowding asked…
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Captive statistics
Figures on captives are notoriously difficult to collate. While most domiciles publish details of numbers of captive licences issued, the…
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Risk professionals must adapt out of date approaches to maintain progress
The world is rapidly changing and old approaches to risk management may no longer be appropriate, Steve Fowler, Chief Executive…
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A fine balancing act–Portugal
Portuguese companies are currently grappling with a severe economic slump at home while simultaneously trying to expand their presence in…
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Supply chain–out of control?–comment
It really should come as no surprise to any readers that supply chain risk will be the hot topic of…
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In search of certainty
If there is such a thing as a buzzword for Solvency II, it surely must be ‘uncertainty’. Many in the…
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Outlook for captives improves as Brussels keeps quiet
Lack of noise from Brussels specifically on captives appears to have boosted confidence among experts that Solvency II may not…
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Risk managers may become obsolete as risk culture spreads say IRM experts
A panel of leading experts gathered at the Institute of Risk Management’s (IRM) annual Forum in Manchester, England have questioned…
