RIMS – Page 6
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No end in sight to soft market: RIMS
Risk managers continue to enjoy favorable insurance prices, but brokers struggle with declining revenues, says RIMS benchmark survey.
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Interviews
RIMS appoints new president
Terry Fleming, director of the division of risk management for Montgomery County, begins term on January 1
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Analysis
Fleming outlines goals for RIMS’ 60th year
Terry Fleming, soon to be president of RIMS, tells StrategicRISK what his intentions are for the worlds biggest risk association
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RIMS president reveals top ten global risks
Innovation, partnership and R&D risk, are all included
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Features
A truly international approach
Nathan Skinner talks to Jorge Luzzi, worldwide director of risk management for Italian tyre maker Pirelli.
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Guide
RIMS report calls for total transparency
The association stressed that brokers should be acting solely in the interest of their client
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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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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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Recession keeps premiums soft
Excluding financial services firms D&O policies renewed with an average 4.1% decrease, new figures show
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US survey reveals drop in TCOR
Total cost of risk dropped almost 10% in the US last year, according to a RIMS benchmark
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Commercial premiums continue slide
Financial institutions’ directors and officers market has hardened but rates are flat or modestly down in other product lines, according to RIMS survey
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RIMS publishes ERM technology guide
Risk managers should make sure ERM solutions are user-friendly and flexible, says association
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Soft market not over but losing steam
Modest decreases in premium rates but economic crisis puts pressure on insurers to raise rates, finds RIMS survey
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RIMS calls for regulation of broker commissions
US association wants contingent fees to be prohibited
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RIMS study validates ERM
The findings demonstrate a link between ERM and higher credit ratings
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Soft market despite hurricanes and financial crisis
RIMS survey also points to deteriorating results that may hint at a turn in the market
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RIMS endorses Dinallo’s stance on contract certainty
Encourages other states to follow New York’s lead
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No place for weapons in the workplace
RIMS responds to the rising trend of liberalising state gun laws