Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
Benfield Corporate Risk Opens Australian Office in Perth
Jun 2 2006 // Benfield Corporate Risk, the corporate insurance and risk intermediary catering for the risk management and transfer needs of the corporate sector worldwide, announced the opening of its first office in...
Survey: Risk Managers Report Cost of Risk Down in 2005
May 25 2006 // The commercial insurance industry remained a buyers’ market in 2005, and shows no signs of hardening any time soon, according to the 2005 Annual Benchmark Survey from the Risk and Insurance Management Society...
S&P: Most Insurers’ Enterprise Risk Management At Least Adequate
May 23 2006 // Any insurance organization without effective risk management faces losing its competitive position or, worse, exposing itself to unacceptable losses, according to an article published by Standard & Poor’s...
Krall to Replace Boller as Converium’s Chief Risk Officer
May 23 2006 // Converium has appointed Markus Krall as Chief Risk Officer and as a member of the Company’s Global Executive Committee, effective July 1, 2006. He places Hans-Peter Boller. Krall, 43, a German citizen, is currently a...
Re-modeling the models that evaluate risk
May 22 2006 // “In the past two years, natural disasters have reached an unprecedented frequency and intensity spreading chaos and misery, and leaving countless crumbled, tattered and water-logged properties in their wake....
A tale of two New Orleans hotels
May 22 2006 // If there’s anything to be learned from last year’s hurricanes Katrina, Rita and Wilma, it’s that the value of relationships before, during and after a claim is immeasurable, according to Mel Bangs,...
Re-modeling the models that evaluate risk
May 22 2006 // Taking a lesson from 2005’s hurricanes, Paul VanderMarck, executive vice president at Risk Management Solutions, a modeling company based in Newark, Calif., said companies need to re-evaluate their loss potential...
Bickmore Adds Ferraro to Risk Management Practice
May 17 2006 // Bickmore Risk Services, an independent risk management service company in Sacramento, Calif., has appointed of Mark Ferraro as director for the firm’s risk management consulting practice. Formerly a senior vice...
China’s P&C Insurer Licenses AIR’s Quake Cat Models
May 17 2006 // Boston-based AIR Worldwide Corporation announced that China’s PICC Property and Casualty Company Limited has licensed CLASIC/2™ and CATRADER®, AIR’s catastrophe risk management systems, to manage the...
Agents Learn U.S. Insurers Withstood Record Catastrophe Losses with Strong Capitalization, Sound Risk Management
May 9 2006 // Strong capitalization, sound risk management and efficient global risk sharing enabled the U.S. property/casualty insurance industry to withstand record-setting catastrophe losses in 2005, but the industry also should keep...
St. Paul Travelers to Offer New Products for Fire Sprinkler Contractors
May 8 2006 // St. Paul Travelers announced that a new offering for Fire Sprinkler Contractors has been added to its portfolio of construction insurance products and services. Products available include General Liability, Workers...
Consumers, many departments required to fight identity theft
May 8 2006 // Editor’s Note: This is the second installment of a two-part roundtable discussion on identity theft. Part 1 examined the scope and source of identity theft, and can be found on page 100 of Insurance Journal’s...
Survey: Risk managers spent more on disaster preparedness, catastrophe management
May 8 2006 // Spending for loss control services increased or remained flat for a majority of organizations in the past year, and the greatest spending increases occurred in such areas as disaster preparedness and catastrophe...
Checking-in on hospitality coverage
May 8 2006 // As an agent or broker serving the hospitality market, you’ve enjoyed many coverage options at lower premiums in the last few years. In fact, you’re probably still delivering good news to your clients about...
Sound risk management, investment plus for insurers
May 8 2006 // U.S. property/casualty insurers managed to increase earnings and add to their capital base in 2005 despite record catastrophe losses, according to Insurance Services Office (ISO) and the Property Casualty Insurers...
Former Enron executive admits guilt, says complacency equally bad as committing fraud
May 8 2006 // The same week Enron Corp. founder Kenneth Lay told jurors that he did not intentionally deceive investors and analysts, another former Enron executive told the insurance and risk management community that Enron suffered...
Consumers, many departments required to fight identity theft
May 8 2006 // Editor’s Note: This is the second installment of a two-part roundtable discussion on identity theft. Part 1 examined the scope and source of identity theft and can be found on page 100 of Insurance Journal’s...
Golden Gate Risk Managers Host Risk Retention Seminar
May 3 2006 // The Golden Gate Chapter of RIMS is hosting a session on the financial impact of various risk retention options on Thursday, May 18. “The Dark Underbelly of Risk Retention Options: Collateral,” will focus...
Survey Says Risk Managers Spent More on Disaster Preparedness, Catastrophe Management
Apr 27 2006 // Spending for loss control services increased or remained flat for a majority of organizations in the past year, and the greatest spending increases occurred in such areas as disaster preparedness and catastrophe...
Former Enron Exec Admits Guilt, Says Complacency Equally Bad as Committing Fraud
Apr 26 2006 // The same week Enron Corp. founder Kenneth Lay told jurors that he did not intentionally deceive investors and analysts, another former Enron executive told the insurance and risk management community that Enron suffered...
