All StrategicRISK Global articles in October 2008
View all stories from this issue.
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AIG knew about CDS problems: WSJ
American International Group executives may have misled shareholders about problems in its Financial Products division, according to the Wall Street Journal
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Challenging times for PPI insurers
Payment protection insurers face a difficult time as an estimated 2m people become jobless
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Economic recovery will take time: Fed
Even after the markets stabilise the broader recovery will not happen immediately, says Fed chairman Ben Bernanke
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Willis backs global earthquake model
The initiative is aimed at addressing earthquake risk where no reliable models exist
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Online onlyRegulators are top concern for FS firms
Penalties for data breaches are more worrying than reputation damage, according to survey
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FeaturesFixing injury claims
The Ministry of Justice has proposed reforms to the claims process in the UK. Philip Tracey outlines what they mean and how they could affect the issue of costs
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Online onlyTreasury hires legal advice to help with bail-out
A New York law firm will help implement the $700bn emergency package
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Albania opens its first insurance brokerage
MAI Insurance Group will offer broker services to the region, including the newly independent Kosovo
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Online onlyOECD blasts Britain’s soft touch on bribery
The international organisation demanded the UK adopt proper anti-bribery laws
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AnalysisEthical shortfall
Lax anti-bribery laws in Britain are bad for business as well as the country as a whole
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Online onlyCredit crunch a ‘breeding ground for fraud’
AIRMIC members warned to expect increased losses
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Online onlyCyber threat is growing
Criminals are getting more sophisticated and launching more attacks, said the FBI
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Online onlyAlcatel-Lucent launches new mobile security software
New software allows companies to locate laptops with GPS and restrict access to data
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AnalysisWell overdue
Based on historical recurrence rates the next pandemic is overdue and its impact could be even worse than the 1918 Spanish flu
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Income inequality rising in OECD
Growing inequality is divisive and increases political tensions, says OECD secretary-general
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Online onlyCalifornia recovers nearly $13m for wildfire claims
The insurance regulator said it had to chase insurance companies to resolve claims from last year’s wildfires
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Online onlyManufacturers slash output
The CBI predicts over 60,000 jobs will go before the end of the year
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Online onlyTreasury hires accountants to administer bail-out
PricewaterhouseCoopers LLP and Ernst & Young will help with the purchase of troubled assets
