All Governance articles – Page 21
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FeaturesRefreshing the parts…
Nathan Skinner visits the giant Heineken brewery in Amsterdam and talks to Eric Bloem, the firm’s head of insurance
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Businesses cutting back on risk management
A third of risk managers polled said budgets are shrinking
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Human rights violations pose business risk
Pakistan, Bangladesh, India, Russia, Iran and China all ranked extreme risk
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Pfizer fined $2.3bn for fraudulent marketing
The drug company marketed some of its drugs for off-label uses and paid kickbacks to incentivise medics to prescribe them
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Online onlyOFT wants tougher competition rules for directors
The Office of Fair Trading is considering widening its use of penalties against directors for breaching competition law
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Private companies increase investments
Optimism amongst CEOs signals a turn in the economy
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Allstate settles class action suit
Personal lines giant settles for an undisclosed sum after nearly ten years
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Online onlyUS ruling raises spectre of contingent commissions
European risk managers express concern about a ruling that allows Illinois brokers to resume contingent commissions
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Financial stability is insurers’ most valuable quality
After financial stability, value for money and then flexibility and innovation are insurers most valuable qualities, a survey found
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Pension risk transfer market to exceed £10bn
25% growth in market over 2008, say new figures
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Online onlyBofA settles Merrill bonus case for $33m
Bank of America allegedly misled investors over bonus payments in the takeover of Merrill
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RoundtablesManaging risk in the recession
Not surprisingly, the effects of the current economic recession on risk and risk management dominated the agenda. Managing change is a daily necessity in the crisis.
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Special ReportsWhat’s driving ERM
Nathan Skinner gives an overview of enterprise risk management and looks at some of the drivers
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Business urged to fight corruption
UK draft Bribery Bill aims to update rules on corruption
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Online onlyRecession keeps premiums soft
Excluding financial services firms D&O policies renewed with an average 4.1% decrease, new figures show
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Online onlyGerman bank accused of spying
Deutsche Bank has been caught up in a scandal over allegations it spied on non executives
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E&Y comments on Walker review
Financial firms need to be able to demonstrate effective risk management, warns firm
