Features – Page 4
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Features
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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Are risk models irrelevant?
They couldn’t save investment banks from extinction so what value are financial risk models? Nathan Skinner summarises the views of participants in this month’s debate
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Out of the frying pan?
Using insurance to transfer a risk that you do not want to retain is fine. But you need to be sure that the insurers you are using are going to be there – solvent – should you need to call on them. Julian James explains
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Gustaf Hamilton and Charlotte Barnekow
Perhaps the risk management profession is expected to cover too much. There should be limits set about what fits into a risk manager's job description
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Winds of change for agricultural risks
Changing climate and commodity price trends are steering agricultural risk in a new direction. The result is a rethink of exposure, products and product design. By Thomas Heintz
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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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Seeing risk: Floods
The 2007 UK summer floods pushed flooding up the agenda for politicians and businesses alike. A year and a half later topographical maps and modelling technologies have improved to give us better tools to manage the risks. By Justin Butler
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Catastrophe risk management using multiple models
While catastrophe models follow a similar overall approach to risk assessment, there can be wide variations in results, leaving users to question which is the most appropriate. By Atul Khanduri
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Subsidence: A gradual catastrophe
Subsidence losses have been a hidden catastrophe for the insurance industry. UK buildings insurers have paid out a total of more than €8 billion since 1976, and the cost of claims in France since its inclusion in the Catastrophes Naturelles scheme in 1989 forced the government to increase insurance premium ...
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Converting knowledge into action
Anselm Smolka was one of the few geoscientists in the insurance sector when he joined Munich Re Group. Today he is head of Geo Risks, corporate underwriting for the group. He tells Catastrophe Risk Management about his work. By Lee Coppack
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CEO INTERVIEW: Peter Harmer, chief executive, AON UK
The downfall of AIG threw AON’s team into crisis management mode. But the broker remains confident that the turmoil will reveal new opportunities
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Emerging issues
Nathan Skinner chairs a discussion on the issues that will be important for 2009 and beyond
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Insuring against the downturn
The economic downturn introduces new risks and emphasises old ones. Nathan Skinner investigates what is making companies cautious and how the insurance industry is responding
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Paolo Rubini, director risk management, Telecom Italia & vice chairman, ANRA
Nathan Skinner quizzes one of Italy’s top risk managers on the challenges to his profession in a tricky economic climate
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ERM for insurers
Nathan Skinner chairs a discussion on risk management in insurance companies
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Are you breaking the law?
Nathan Skinner addresses the thorny problem of the legality of multinational insurance covers
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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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Hans Gorrée and Peter A den Dekker
Two dutch risk management greats talk about what has changed in risk management over their lifetimes
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Working towards solutions for flood
Since 1980, Europe has suffered 17 catastrophic floods that have done at least $75 billion worth of economic damage in total. Only about 25% of these losses were insured. The devastating and costly events of 2002 and 2007 have spurred searches for better planning, precautions and financial solutions. By Lee ...