Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
Marsh Finds Europe’s Retailers Fear Working Capital, Supply Chain Risks
Aug 28 2009 // New research by Marsh has found that senior executives at Europe’s leading retail and consumer brands businesses will be concerned by risks such as cash flow, credit risk and trade credit over the next 18 months. An...
Pirelli’s Risk Manager Named as New FERMA Board Member
Aug 24 2009 // Jorge Luzzi, Worldwide Director of the Risk Management Department for the Italian based industrial group Pirelli, has been appointed as a member of the board of the Federation of European Risk Management Associations...
FERMA Supports RIMS Position on Brokers Contingent Commissions
Aug 17 2009 // The Federation of European Risk Management Associations (FERMA) has issued a bulletin expressing concerns over a new ruling in the US state of Illinois that allows brokers to resume taking contingent commissions. The...
Car Dealers in the Storm: Dealers Left Standing Will Be Stronger, Leaner
Aug 12 2009 // Some automobile shoppers may be abandoning car makers but insurance carriers and brokers remain dedicated partners, experts say. Yet no one can deny that tough times have fallen on many of the nation’s car dealers...
Apex Global Picks Stone to Lead Aviation Division in Houston
Aug 6 2009 // Dallas-based insurance and risk management services firm Apex Global Partners (AGP) has appointed John Stone as managing director of its Houston Aviation Operations. Stone, a pilot, is experienced in structuring insurance...
New Earthquake Risk Models Likely To Reduce Insured Loss Estimates
Aug 6 2009 // Newark, Calif.-based Risk Management Solutions (RMS) has unveiled its next-generation models for North America earthquake risks, covering the United States and Alaska, Canada and Mexico. The new models are likely to lead...
Foster to Head Aon’s Enterprise Risk Management Team
Aug 4 2009 // Grant Foster has been appointed head of enterprise risk management (ERM) at insurance broker Aon. Foster was recently a key member of the team that won a 2009 British Insurance Award for Risk Management for Aon’s...
New Spanish Language Web site for CRM International in Mexico
Aug 4 2009 // The Certified Risk Managers (CRM) International Program in México has a new home on the Web: www.crm-international.org. CRM en Espanol was first introduced in México by The National Alliance for Insurance Education...
Arthur J. Gallagher Reports Q2 Results; Slight Drop in Organic Revenue
Jul 29 2009 // Arthur J. Gallagher & Co. reported a slight drop in organic revenue of just 0.3 percent for the second quarter 2009 for its combined insurance brokerage and risk management units. For the quarter ending June 30, 2009,...
Marsh Study: UK Real Estate Firms Must Manage Risk More Effectively
Jul 20 2009 // A new report by Marsh has found that some UK real estate firms are failing to address the strategic risks facing their organizations, leaving them more vulnerable to the vagaries of market conditions and in a weaker...
S&P Raises Validus Outlook to ‘Positive;’ IPC Outlook Stays Negative
Jul 13 2009 // Standard & Poor’s Ratings Services has revised its outlook on Bermuda-based insurance and reinsurance holding company Validus Holdings Ltd. to positive from stable, and has affirmed its ‘BBB-‘...
Car Dealers in the Storm
Jul 6 2009 // Dealers Left Standing Will Be Stronger, Leaner, and Better Experts Say Automobile shoppers may be abandoning car makers but insurance carriers and brokers remain dedicated partners, experts say. Yet no one can deny that...
Jackson’s Death and Event Cancellation; Max Cap Rejected; Still Searching Air France Crash Cause; Den Dekker is New FERM
Jul 6 2009 // Michael Jackson’s untimely death, barely two weeks before he was to begin a long awaited series of 50 concerts stretching over eight months, has been the world’s top story. It’s also a story in London,...
Safe and Sound
Jul 6 2009 // Making the Connection for Contractors Contractors with a sharp eye for their bottom line are smart to place a premium on safety. Insurance agents and brokers tend to know a construction business that avoids injuries is not...
Beecher Carlson Names Aon’s Grady to Direct Its ZOOM Risk Analytics
Jul 1 2009 // Atlanta-based commercial insurance brokerage and consulting firm Beecher Carlson has appointed Kevin Grady as managing director based in its Nashville, Tenn., office. Grady, who has 20 years of experience in analytics,...
Report on Federal Probe Into Deadly Katrina Flooding Released
Jun 29 2009 // An in-depth study by more than 150 experts commissioned by the Army Corps of Engineers to look into the catastrophic failure of the levees during Hurricane Katrina is done, though the report released June 26 divulged...
Marsh: Europe’s Communications, Media, Tech Firms Focus on Risks
Jun 25 2009 // A new report from Marsh concludes that the senior management at “85 percent of Europe’s leading communications, media and technology (CMT) companies have indicated they are placing increased importance on risk...
Houston Agency Names Persha Dir. of Environmental Risk Management
Jun 23 2009 // Houston-based insurance agency Bowen, Miclette & Britt has named Dan Persha as director of Environmental Risk Management. With 30 years of commercial insurance brokerage experience, Persha specializes in heavy...
Lower Premiums Cut Total Cost of Risk for Commercial Insureds by 9.4%
Jun 19 2009 // Despite the economic turmoil and the second worst year for insured natural catastrophe losses, the total cost of risk paid by businesses dropped in 2008 by 9.4 percent per $1,000 of revenue. The drop was largely...
Marsh Urges UK Manufacturers to ‘Leverage Risk Management’
Jun 17 2009 // Marsh’s UK office has issued a report – Manufacturing Industry Risk Footprint – which urges UK manufacturers to “put robust and flexible risk management systems in place to identify, mitigate and...
