Financial Services – Page 15
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Levene spells out emerging risks
Lloyd’s chairman shares his thoughts on emerging risks at a NATO conference
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US P&C industry loses $1.3bn in Q1
Worst result since records began but insurers remain well capitalised to pay claims, claims the ISO
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Online onlyInstitutional investors backed banks in run-up to crash
The majority of fund managers failed to signal concerns about banks governance and remuneration schemes
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AnalysisWhat went wrong at Lehman
Lehman’s former head of regulatory compliance speaks out for the first time
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FeaturesThe dilemma of dissent
Unpalatable news is rarely welcome in the boardroom – and may not be believed. Nathan Skinner interviews HBOS whistleblower Paul Moore
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FeaturesCommunication, understanding and transparency
Economic recession and turmoil in the world’s financial markets have ensured that risk management is high on the agenda for most organisations. Klaus-Otto Bick tells Sue Copeman the reasons why risk management is paramount in his organisation and outlines his approach
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Risk salaries rising
Financial firms are restructuring their remuneration packages, basic salaries are up, bonuses are down
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Online onlyAIG spins off units to cut debt
The insurer is putting two units into SPVs in order to reduce its Federal debt by $25bn
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Online onlyRich get poorer
The number of high net worth individuals around the world has slumped dramatically
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AnalysisLessons from the financial crisis
Mats Isaksson, OECD head of corporate affairs, runs through the risk management lessons from the financial crisis
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Risk managers need help with large claims
A claims consultant said companies don’t have the resources to cope with large volumes of complex claims
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Online onlyInsurance industry needs to get real
Simply not realistic to ask for higher premiums, says Lockton CEO
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AnalysisLessons from the financial meltdown
StrategicRISK associate editor Nathan Skinner talks to Matt Kimber, UK chief risk officer for Marsh and former head of operational risk for the Lloyds/HBOS group
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Agreement to speed claims settlements
Seven of the UK’s largest commercial insurers guarantee that big claims are settled promptly
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Interviews
Risk managers dig deeper into insurer security
82.5% of risk managers said that they have started measuring their insurer counterparty risks more frequently
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Reforming civil litigation
Lord Justice Jackson’s preliminary report on costs in civil litigation in England and Wales
