All Liabilities articles – Page 15
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Online onlyPlumeri urges “buyer revolt” on contingents
Willis chief tells StrategicRISK that buyers should drive contingents out of the industry by voting with their feet
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Online onlyInsurance does not give rise to systemic risk
Insurance has proved to be a source of stability during the financial crisis, claims Swiss think tank
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AnalysisFalkland oil assets at risk in run up to Argentine elections
Drilling in the Falklands has sparked tensions and a populist decree poses confiscation risks to oil firms and cargo vessels
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Online onlyCompanies could be hit with “severe penalties” for manslaughter
Warning follows the introduction of sentencing guidelines for the Corporate Manslaughter Act
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Online onlyChartis creates new captive group
Objective is to provide client's with a single point of contact for captive issues
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Online onlyRisk management leads to lower losses in energy sector
Report reveals fewer major losses in the energy infrastructure industry has reduced insurance costs
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Online onlyUK insolvencies drop to lowest since 2007
Financial strength of businesses has improved 8% year on year
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InterviewsRIMS dismayed at return to contingent commissions
New York’s Insurance Department has followed Illinois’ lead and reinstated contingent commissions. This is not in the best interest of consumers, said RIMS
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Interviews
Competition helps buyers net better deals
Credit insurance bucks the trend of downward or flat pricing, says Marsh
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InterviewsFerma demands transparency from Europe’s brokers
Peter Den Dekker, head of Europe's insurance buyer association, said the request was received "positively"
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InterviewsRIMS objects to “diminished” broker transparency rule
Asks for additional 30 days of consultation
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InterviewsNew York regulator releases broker transparency rule
No requirement for mandatory full disclosure, but brokers oppose “overly burdensome” rules
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InterviewsBrokers file suit to stop transparency regulation
The new rule requires brokers to tell clients how they are getting paid
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Online only
Five killed in Connecticut plant explosion
Explosion was the result of a gas leak that occurred while testing lines
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Online only
Reinsurers recover in 2009 says Cooper Gay
2010 could be more challenging with above average hurricane season expected
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Online only
Political interference greatest risk to banks
‘Banana Skins’ poll identifies top threats to banks
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InterviewsDavos roundup
A summary of media reports from the World Economic Forum's Alpine meeting of business and political leaders
