Analysis – Page 265
-
Analysis
Current and future risks
Regulation was also cited as a huge burden, costing, according to the British Chamber of Commerce, £10bn between 1997 and 2005. However, Royal & SunAlliance's Risk Uncovered Index2 identifies the biggest future risks facing UK businesses as predominantly stemming from problems close to home.Strong competition in the market place has ...
-
Analysis
Cost of employee addiction
Recent studies reviewed by CiC highlight that:- one in five employees has existing or potential alcohol or other drug problems- around 10% of accidents in the workplace are alcohol related- up to 14m working days are lost due to alcohol-related absenteeism each year, nationwide across all sectors- the annual cost ...
-
Analysis
News Briefs
- Risk Governance Ltd has released a new version of its enterprise risk management software Acertus(TM) Governance.- MEGA International has launched the MEGA Governance, Risk, Compliance (GRC) platform, designed to help European business managers strategically and operationally achieve more efficient corporate governance and address internal and external compliance requirements.
-
Analysis
Terrorism cover for NCBR
Catlin Insurance Company Ltd, Bermuda, has developed an insurance/reinsurance product which restricts cover to NCBR events which occur in a specific geographic area. It claims that this restriction allows provision of greater capacity at more reasonable pricing levels.The Catlin coverage can be used to supplement individual countries' national terrorism insurance ...
-
Analysis
Boost for captives
Following the European Court judgement in the Cadbury Schweppes case (reported in StrategicRISK November 2006), the UK Chancellor has announced legislation to amend the rules for CFCs. However, under the proposed changes, UK companies will be required to apply to HM Revenue & Customs to disregard those profits of their ...
-
Analysis
VAT Fraud Investigation
The Committee will consider various fraudulent schemes, including carousel fraud and missing trader fraud. VAT fraud is estimated to cost the Treasury between £2bn and £8bn a year, and scams are becoming increasingly complex to counter member states attempts to curb the practice. The fraud works by traders selling goods ...
-
Analysis
Multinational insurance proposition
This comprises a series of underwriting processes and products designed to manage, within a single transaction, the tax payment reporting and licensing obligations for customers and brokers of Zurich's multinational insurance policies. It includes a proprietary global information system that tracks applicable laws and foreign premium tax requirements for almost ...
-
Analysis
Companies pay less for recall cover
A new report, Managing liability in the food and beverage sector, says that a survey of 232 companies across Europe showed that organisations have responded to this drop by increasing the amount of limits purchased (20% more than in 2004). While the market is currently soft, the report says that ...
-
AnalysisStick verses Carrot
Two recent reports suggest that the stick may work better than the carrot in making companies embrace good risk management, with mere guidelines not being enough.
-
Analysis
Identity theft is predicted to soar
ID theft cost British businesses £50m in 2005, and this is set to increase by 1,300% by 2020 to £700m.
-
Analysis
Pan-european pensions beckon
Multinational companies could be missing an opportunity to save costs and reduce risks by continuing to operate separate pension schemes across Europe, according to Mercer Human Resource Consulting.
-
Analysis
Eastern Europe faces confusion over EU laws
Eighty per cent of companies operating in Central and Eastern European countries consider their overall awareness of EU legislation to be at a low or medium level despite the fact that 85% consider EU
-
Analysis
Avoid E-mail chaos
Over a third (38%)of large organisations across the UK admit their e-mail management system is in 'complete chaos', according to the findings of a survey released by AIIM on compliance and its impact
-
Analysis
Online credit information
Coface UK has launched InfoLine - a service that combines factual business information with risk analysis to help businesses understand the creditworthiness of their customers.
-
Analysis
Why don't we learn?
Disasters will happen time and again unless organisations take the opportunity to learn what went wrong and do something to stop it happening again.
-
Analysis
Environmental claims increase
Environmental claims are increasing in terms of both frequency and magnitude of loss, and this trend looks set to continue, according to insurers surveyed in the latest Willis Index for Environmental
-
Analysis
Personal injury claims database
Insurance Services Office (ISO) Limited has launched a personal injury claims database for local authorities, aimed at helping the 85% of local authorities that are experiencing a significant rise in
-
Analysis
Ready for change?
Are you ready for change? This is the theme of the FERMA seminar, which will take place in Brussels on 11 October 2006.
-
Analysis
New FERMA member
The Bulgarian Risk Management Association (BRIMA) has been accepted as the latest member of FERMA.
