All Strategic Risk Global articles in November 2008 – Page 2
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Analysis
Trigger litigation
The High Court delivered some clarity over who pays for asbestos-related claims
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Employers win clarity on asbestos liabilities
The High Court ruling makes clear that EL policies in force at the time of a claimants exposure will pay out
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High Court removes insurers’ asbestos get-out
Reed Smith says the ‘landmark’ ruling clears up a grey area around historic liabilities
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Analysis
Where were the ethics?
Everyone who knew about escalating problems in the financial system had a moral obligation to voice their concerns, but no one did. That is not a good reflection on business ethics.
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Law Commission proposes tougher rules on bribery
The proposals introduce two new offences that could have important consequences for business
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RIMS study validates ERM
The findings demonstrate a link between ERM and higher credit ratings
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Santa Ana winds whip up wildfires
Optimistic predictions say fires will be contained by mid-week
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New piracy protection launched for Gulf of Aden
Lloyd’s broker teams up with security specialist to offer piracy solution
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Analysis
Could the economic crisis derail sustainability?
With the world’s economy in freefall what hope is there for the environment?
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Consumer spending fears grow
Deloitte consumer spending index turns negative for the first time since 1980
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Pension buy-outs unaffected by financial crisis: Mercer
Many pension scheme trustees do not consider a buy-out more urgent in light of current market conditions
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Commission proposes regulating credit rating agencies
EC said the proposal is designed to remove conflicts of interest and improve transparency
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Risk management in Italy
Interview with Gilbert Kervella, AXA Corporate Solutions' general representative for Italy
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New administration spells uncertainty for AIG
Italian risk managers raise doubts over the future of AIG’s European insurance operations
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Downturn focuses attention on risk management
Strong risk management could help companies gather capital at a lower cost
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Italy needs more insurance capacity
Risk managers must work to improve the quality of corporate risks
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Treasury forces AIG to curb exec compensation
The government handed AIG another $40bn but insisted it had to comply with stringent limitations on executive compensation
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