All Financial Servcies articles – Page 22
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Insurers and brokers warn of shrinking market
A majority of industry executives think the commercial insurance market could shrink over the next year
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Online onlyUS P&C capital cushion could shrink by $80bn
Commercial insurance prices expected to stabilise if not increase, according to Towers Perrin
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Online onlyTreasury hires accountants to administer bail-out
PricewaterhouseCoopers LLP and Ernst & Young will help with the purchase of troubled assets
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Online onlyManufacturers slash output
The CBI predicts over 60,000 jobs will go before the end of the year
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Online onlyTreasury hires legal advice to help with bail-out
A New York law firm will help implement the $700bn emergency package
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Economic recovery will take time: Fed
Even after the markets stabilise the broader recovery will not happen immediately, says Fed chairman Ben Bernanke
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US Treasury uneasy with propping ailing banks
But the rescue package is necessary to restore confidence, said Treasury Secretary Henry Paulson
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Interviews
The absurdity of a risk free world
Shami Chakrabarti, director of Liberty, speaks to StrategicRISK
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AIG knew about CDS problems: WSJ
American International Group executives may have misled shareholders about problems in its Financial Products division, according to the Wall Street Journal
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Online onlyInsurers up for the economic challenge
Greater challenges lie ahead but the sector is confident and keen to take risks, says CBI
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Online onlyFitch cautious on credit insurers as bankruptcies rise
Credit insurers are expected to post lower net income in 2008
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Online onlyMPs urge Britain to introduce mandatory carbon reporting
The Government's strategy ‘does not reflect the urgency or magnitude of the issue', says Aldersgate Group
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Online onlyRisk managers vent concern over financial crisis
Buyers are already feeling the effects of the credit crunch outside the financial sector
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Insurers warned to get ready for litigation
Class actions are coming, warns Browne Jacobson
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Online onlyCrisis underscores need for better risk management: WEF
Companies need to refocus efforts on risk management, better governance and responsible leadership
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Online onlyBritain needs Paulson’s package
CBI says US Treasury’s banking bail-out is vital for the stability of markets
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Online onlyWEF warns of future risks
Long term planning for growth remains paramount, said the Forum
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Online onlyOECD welcomes market rescue
The organisation said the US governments purchase of bad debts would help re-establish ‘liquid’ conditions
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Online onlyNY to regulate CDS market
Authorities in the US announced their intention to start regulating credit default swaps as insurance
