All StrategicRISK Global articles in December 2008 – Page 5
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BSI consults on data protection standard
Standard designed to help organisations comply with 1998 Data Protection Act
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AnalysisGreen habits
Companies should continue their green initiatives even in a struggling economy
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More due diligence needed
Firms are often ‘blissfully unaware’ of the range of risks that threaten the viability of their investments, say consultants
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Online onlyS&P highlights another systemic risk
The rating agency said collateralisted loan obligations could be at risk if just a few companies default on their debt
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Online onlySupply chain disruption risk doubles
Global supply chains are becoming more vulnerable in more countries, say political risk analysts
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AnalysisPower struggles
Chavez's referendum victory increase political risks but Venezuela faces a difficult year with falling oil prices
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AnalysisInsurers are stable: AIRMIC Live
The impact of the financial crisis has mainly been offset by a hardening of the insurance cycle, say industry experts
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Online onlyXL to remain in ‘practically all’ lines: McGavick
Staff eliminations and business cutbacks are efforts to prevent XL entering a downward spiral
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Online only$10m mortgage fraud scam unearthed
Defendants are accused of obtaining more than two dozen subprime mortgages fraudulently
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Online only52,000 UBS customers hid accounts from IRS
US authorities have demanded to see the identities of US customers with secret Swiss accounts holding about $14.8bn in assets
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BAE arranges 5 year programme through Aon
First private sector business to adopt Aon’s aligned long term programme
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Interviews
Risk managers are ignored
Audit and compliance professionals feel they do not have the influence to manage risk properly
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Marsh settles bid rigging suit for $88m
Lawsuit stems from bid-rigging allegations dating back to 2004
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Online onlyAustralia wildfires return
Eight fires have broken out in the Australian state of Victoria
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AnalysisWake up call
Australia's fires and floods prove that governments need to toughen their targets to curb Greenhouse emissions
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Online onlyFatality forces BHP to suspend mine
The death of a contractor forces the global miner to suspend operations at Blackwater coal mine
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Credit insurers take over from rating agencies
Insurers are better than rating agencies at determining companies’ credit worthiness, says Aon
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Online onlyAXA CS weathers the financial storm
Turnover and operating profit both increase but combined ratio tops 100%
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Online onlyCourt of Appeal ends Names litigation
Court found that Names’ application for appeal was ‘totally without merit’
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AnalysisNew liabilities
A new law governing the protection of natural habitats has come into force in the UK
