Features – Page 4
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Features
When to call in the experts
Caroline Woolley and Martin Caddick say that claims experts, such as forensic accountants, can help plug the information gap and put companies’ claims policies in the context of business continuity
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Rising to the occasion
Last year, UK risk management association AIRMIC announced initiatives to promote better claims handling by insurers and to challenge the issuing of issuing reservation of rights when large claims are made. Graham Buck offers a progress report
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Changing markets
Chaired by Nathan Skinner, a roundtable discussion entitled changing markets took place at AXA Corporate Solutions Switzerland’s client and broker gathering on March 31 in Zurich
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Why the next big northeast hurricane will surprise
A repeat of the 1938 New England Hurricane could cause losses as large as Hurricane Katrina in 2005. By Karen Clark
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A geographical understanding of risk
The advent of satellite navigation and the birth of Google Earth, Google Maps and France’s Geoportail have alerted everyone involved in the management of catastrophes to the value of geographical information systems. By François-Xavier Goblet
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Solutions not problems
A four pronged approach to supply chain risk management can improve resilience and the value of the insurance programme says Jim Carruthers
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Stefan Sigulla
The ex-head of German risk management association DVS describes his path to the top
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Why flood losses are increasing
Exposure, the governing factor An almost explosive growth in the values of property in flood-prone areas and the much greater vulnerability of the things that people own are the main reasons for rising flood losses. By Wolfgang Kron
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Risk engineering
In a competitive environment, preventing loss is vital. Nathan Skinner garners the thoughts of five risk managers on the subject
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The Hayward fault: Is it America’s most dangerous?
A repeat of the 1868 Hayward fault California earthquake today would have enormous consequences. Property worth more than $500 billion and approximately 5 million people in six surrounding counties would suffer badly from such a quake. By Thomas Brocher and other members of the 1868 Hayward Earthquake Alliance
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Business interruption in the land of earthquakes
A large Japanese earthquake could have a devastating effect on the continuity of critical industries in the country and their earnings. By Dennis Kuzak and Masanori Kobayashi
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Perspective on financial terrorism and insurance
With thousands of properties spread across the globe, HSBC has a significant exposure to terrorism and experience of damage to its City of London offices from an Irish Republican Army (IRA) bomb in 1993. By Peter Walker
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Achieving a double whammy
Fred Mundt, Alex Hindson and George Nassif describe how applying an enterprise risk management approach to product liability risk allowed an electronics materials company both to provide assurance to its customers and to achieve a big reduction in its insurance premiums
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Holding on to what they've got
Insurers are competing fiercely for business. And that has to be good news for buyers, says Guy Malyon
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Major Flood in Central London: Can It Really Happen?
Summer floods in England highlighted how even moderately sized events can cause widespread damage and disruption, but a similar size flood in London would have been far more costly. By Jane Toothil
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Reducing Supply Chain Risk from Extreme Events
Businesses today outsource many operations to partners, many of whom may be critically exposed to extreme events and beyond of the control of the firm’s risk management programmes. By Marc Lehmann and Kenneth Travers
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Unchecked Risks That Can Lead to Catastrophe
Asset management, planned maintenance and procurement have the potential to create disaster if are not treated with the respect they deserve. By Tony Prior
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The race toward preparedness
Which of the world’s regions wins the gold in the risk management marathon? John Keeble reveals all.
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Evaluating the upside of risk management
James Maxwell highlights the opportunities delivered by good risk management