All Strategic Risk Global articles in July 2009
View all stories from this issue.
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Analysis
DVS report from Munich
German risk managers discuss the implications of the financial crisis, a new law with implications for D&O and the Solvency II deadline
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Businesses cutting back on risk management
A third of risk managers polled said budgets are shrinking
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Analysis
Food security
A growing population is putting more pressure on global food resources which is increasing the risks of political and economic instability
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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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OFT 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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Pirelli risk manager appointed new FERMA board member
Jorge Luzzi replaces Franck Baron who has joined AXA Corporate Solutions
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First UK firm charged under Corporate Manslaughter Act
Prosecutors intend to prove that senior management failings led to the death of a junior geologist
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Private companies increase investments
Optimism amongst CEOs signals a turn in the economy
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US hacker steals 130m records
Miami hacker reportedly worked for the secret service before turning rogue
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Analysis
Climate commitments
Companies and investors need to do more to deal with the risks arising from global warming
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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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US 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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FRSGlobal compares global regulatory response to crisis
New report can be used as a guide to the new regulatory terrain for international firms
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Marsh launches new credit insurance services
The service will enable companies to continue trading effectively with suppliers and customers during the recession, said the broker
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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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StrategicRISK rewards European risk management excellence
The 2009 Roll of Honour and pictures from the evening celebration
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Analysis
Managing credit risk in a recession
Mark Woolhouse outlines a five point plan to help businesses manage credit risk in an uncertain business environment