Risk
Any insurer that puts the customer ahead of its corporate protection strategy earns the business it seeks.
By Frank Cain | August 31, 2009
4 min read
Opinion/Analysis; Country risk models are a case study in how financial risk models led us into a credit crisis.
By Peter Beeching, Freelance Writer | August 31, 2009
8 min read
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August 31, 2009
ADOPTION OF ERM PLATEAUS The adoption of enterprise risk management (ERM) seems to have reached a plateau at 65% of firms, according to a joint Marsh and Risk and Insurance Management Society report. In the sixth annual Excellence in Risk Management VI: Strategic Risk Management in Practice, 450 risk managers were surveyed during 2009 Q1 […]
July 31, 2009
1 min read
PARTNER RE TO ACQUIRE PARIS RE HOLDINGS PartnerRe Ltd. has inked a US$2-billion,’multi-step transaction’ that will see it acquire Paris Re Holdings Limited. In the first step of the transaction, expected to close in 2009 Q4, PartnerRe will acquire the shares held by several significant shareholders — including Stone Point Capital and Caisse Depot et […]
2 min read
CANADIAN FIRMS LAG BEHIND IN IFRS CONVERSION Despite the fast-approaching Jan. 1, 2011 deadline for the implementation of international financial reporting standards (IFRS), more than 12% of public companies and 20% of the private com- panies surveyed by PricewaterhouseCoopers have not yet taken the first step in the conversion process. PwC surveyed 256 companies — […]
Terry Fleming, who is likely to become RIMS president in January 2010, is open to the idea of risk management expanding beyond its traditional frontiers.
By David Gambrill, Editor | July 31, 2009
5 min read
Kidnapping company representatives for ransom has become a modern-day scourge, and kidnap and ransom insurance policies are quietly offering victims a way out.
By Chris Beck | July 31, 2009
6 min read
Aviva Canada is unequivocally endorsing a “new partnership” with the independent broker channel in Canada, betting all of its chips against a direct method of distribution. The new partnership with the independent broker channel features a quid pro quo: Aviva Canada wants to be able to count on its independent broker partners not to take […]
7 min read
Pleasure craft boating losses have become a big business, and they don't always come from sources one might expect.
By Captain John W. Hosty | July 31, 2009
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