2010-01-06
€1.25m
compensation for construction worker
Penningtons Solicitors have won a €1.25 million
compensation claim for construction worker William Kane
2010-01-06
Corporate
governance undeveloped in UAE, says Marsh
Corporate governance requires more attention in UAE, where
compliance and enterprise risk management are increasing in relevance
2010-01-06
Scottish
Government adopts risk management approach
The Scottish Government's Improvement Service has taken
a new approach to risk management
2010-01-05
HMRC
issues online alert for businesses
VAT-registered businesses told to prepare for changes to
VAT return filing and payment
2010-01-05
Crawford
makes senior management changes
Charles Ogburn named new non-exec chairman at Crawford
& Company
2010-01-05
Winter
warnings not just for the Met
Employee absenteeism because of bad weather could cost £230
million
2010-01-05
Unnecessary
change stunts business growth in Europe
A preoccupation with personnel and structural changes risk
business growth, says a new report
2010-01-04
A new COO for
Liberty
Liberty has appointed Kirk Maddern to the position of chief
operating officer
DECEMBER
2009-12-23
ICM acquires
Office Shadow UK
ICM Business Continuity Services has acquired the UK division
of Office Shadow
2009-12-21
Caddick joins
risk and BCM team at PwC
Martin Caddick has left Marsh to head up business continuity
management at PricewaterhouseCoopers
2009-12-17
QBE buys
Evergreen
QBE European Operations has purchased the Evergreen portfolio
from Lloyd's underwriting agency, MSP
2009-12-17
"Chaos
and despair" as Copenhagen summit comes to a close
An appearance of "chaos and despair" among delegates
and few signs of progress towards a global consensus, says Datamonitor
2009-12-15
PwC
attains BS 25999 certification
PricewaterhouseCoopers LLP has gained certification to
BS 25999, the UK standard for business continuity management
2009-12-14
Mega
International: new software launch
Enterprise architecture firm, Mega International has launched
a new software product
2009-12-14
NORIMA joins
FERMA
Norwegian Risk Management Association, NORIMA, joins the
European Risk Mangagement Association, FERMA
2009-12-14
British Airways
cabin crew set to strike
Cabin crew at UK-based airline British Airways are scheduled
to go on strike over Christmas period
2009-12-10
Business
continuity strategies not getting through to staff
Almost two thirds of staff don't know their company business
continuity strategy according to data resilience firm Adam Continuity
2009-12-09
Novae Re
announces new motor and liability head
Novae Re appoints Tomlinson to motor and liability head
2009-12-09
Darling's
employment tax will hit small firms hard
A small business support group has hit out at the hike
in National Insurance Contributions announced as part of today's
Pre-Budget Report
2009-12-08
Ratsma to
lead BCM at Marsh
Marsh has appointed Rod Ratsma as Leader of its UK business
continuity management team
2009-12-01
P&C
may drop 10% in 2010
Marsh forecasts that P&C insurance rates could fall
by up to 10% in 2010
2009-12-01
AIG:
What's in a name?
AIG completes its transformation to Chartis UK
2009-11-30
IBM acquires Guardium
IBM has acquired database monitoring and protection provider
Guardium
2009-11-27
Swine flu: WHO update
World Health Organisation issues its 76th update since
an "influenza-like illness" was reported in the US and
Mexico in April
2009-11-26
Government
welcomes Walker Review reforms
The Government says it will move quickly to implement the
reforms of bank pay and governance proposed by Sir David Walker
2009-11-26
Marsh
signs motor fleet deal with UDrive Solutions
Marsh has signed an exclusive agreement with UDrive Solutions
to offer driver and motor fleet assurance products
2009-11-25
Bank
charges decision may not benefit SMEs
Small firms set to be overlooked in expected decision on
bank charges
2009-11-24
Swiss
Re launches H1N1 mortality bond
Swiss Re announces $75m of extreme mortality risk protection, including
cover for H1N1
2009-11-21
Flooding:
a checklist for business recovery
Marsh outlines the immediate recovery actions for businesses
affected by flooding
2009-11-20
Mutation
of H1N1 detected in Norway
WHO: Mutation of H1N1 virus has been detected, public health
significance as yet unclear
2009-11-20
Energy
insurance market to soften in 2010
Insurer competitiveness and high capacity will make for
a softer market for energy firms in 2010
2009-11-19
Insurer
appetite wanes in food industry
Aon: insurers may reduce the amount of capital they're
willing to commit to the food industry
2009-11-19
Energy
supplies pose potential new risk for businesses
Businesses face potential new challenges in securing energy
supplies as a result of the economic climate
2009-11-19
Maltby
to head up operations at Markel
Markel International has appointed Hugh Maltby as operations
director
2009-11-19
New
social and security issues make for a complex risk terrain in 2010
Uneven and uncertain economic recovery, coupled with new
social risk and security issues will present business with a more
complex risk terrain over the coming year
2009-11-18
Biggest
challenges to back up revealed
Time to recover and reducing cost the biggest back up challenges,
according to a recent poll
2009-11-17
Allen
named new Aon COO
Ex-Prudential COO Simon Allen moves to Aon
2009-11-12
SunGard to launch new risk assessment software
SunGard announces the imminent launch of a new risk assessment
software module
2009-11-12
Canopius boosts
global property team
Derek Hansen has been appointed as direct and faculatative
underwriter in Canopius' global property team
2009-11-11
PageOne
secures exclusive Cabinet Office deal
PageOne has secured an exclusive agreement with the Cabinet
Office to supply MTPAS-enabled 2-way pagers to Category 1 &
2 responders
2009-11-11
Chloride
acquires Emergency Power Systems
Chloride continues its expansion with the purchase of standby
power solutions manufacturer, Emergency Power Systems
2009-11-10
Poor
customer service costs utilities and FS firms £2bn
a year
Long waiting times and shoddy customer service could cost
utilities and FS firms dear as customer loyalty wanes
2009-11-09
IUA:
banking and insurance policies must be different
All UK financial services policies must clearly recognise
that banking and insurance are different activities with different
risk profiles, says the IUA
2009-11-06
Public
procurement research reveals postcode lottery for council suppliers
A study by the Forum of Private Business (FPB) has revealed vast
differences in the amount of time British councils take to pay their
suppliers
2009-11-03
Crawford appoints
new COO
Crawford & Company appoints Brian Clark as COO for
CEMEA
2009-11-04
BT:
UK businesses prioritise technology to overcome downturn
Almost half of senior executives in large UK companies
see investment in new technologies as one of their key priorities,
according to BT Global Services Group
2009-11-03
New
environmental consultancy formed
New alliance in environmental consultancy forms the Environmental
Scientifics Group
2009-11-03
Tougher
standards for the European insurance industry
Tougher standards are required for the European insurance industry,
says CEIOPS
OCTOBER
2009-10-29
Surge in D&O
due to IPOs, says Marsh
IPO and capital raising activity behind surge in interest in D&O,
according to broker Marsh
2009-10-29
Towers
Perrin: Solvency 2 clock ticking
This week represents a milestone in planning for Solvency
2, warns Towers Perrin
2009-10-28
Curtis appointed
Marsh COO
Marsh gets senior management shake-up with appointment
of new COO
2009-10-27
Send
Word Now to launch new service offerings
Emergency notifications services provider, Send Word Now
is to launch new service modules
2009-10-27
Aon
to cover for building closure due to pandemic
Broker Aon is now offering cover for costs incurred in the event that
buildings or surrounding areas are officially closed due to a pandemic
2009-10-26
Guardian hack
highlights identity theft risk
Consumers and companies continue to be a prime target for criminal
hackers, following Guardian hack
2009-10-22
Royal
Mail defends staff vetting procedures
Royal Mail issues a statement defending vetting procedures
in the run up to seasonal staff hires
2009-10-22
Chloride
launches new energy efficient UPS
Chloride launches Trinergy, its most energy efficient Class
1 UPS
2009-10-21
Palisade
reports 241% growth in MENA region
Risk analysis firm sees sales revenues jump in Middle East
and North Africa
2009-10-21
Foreman
to head up RFIB Marine
RFIB appoints Simon Foreman as divisional director at RFIB
Marine
2009-10-21
Hard
drive data destruction service launched
Shred Easy launches a new hard drive destruction service
2009-10-19
Langridge
new JLT Asia chairman
JLT appoints Anthony Langridge as chairman of its Asia
operations
2009-10-13
Miller
boosts professional risks team
Miller appoints Tony Kavanagh to its professional risks
team
2009-10-12
SunGard
launches private cloud
SunGard Availability Services has today launched SunGard-as-a-Service,
a fully managed private cloud service in the UK
2009-10-08
Mesothelioma warning
ahead of predicted peak
Research highlights organisations at risk of abestos exposures
ahead of predicted claims peak
2009-10-08
BSI
publishes guidance for lone workers
BSI has published a code of practice for the provision
of lone worker device services
2009-10-06
Dual
Ireland opens for business
Dual Corporate Risks opens its Irish branch today
2009-10-05
XL: Netherlands
launch
XL has launched an insurance offering to Netherlands-based
Middle Market companies
SEPTEMBER
2009-09-30
Colraine
takes up COO post at AIG
AIG UK appoints Tom Colraine to the role of chief operating officer
2009-09-30
Willis
acquires Argentina businesses
Broker Willis has acquired 100 per cent of its Argentinian
operations' share capital
2009-09-29
Torus sets
sights on Bermuda
Torus has opened an MGA in Bermuda
2009-09-28
XL Re
completes move to ACORD
XL Re becomes first London Market reinsurer to complete
ACORD standards implementation
2009-09-25
Energy
bill set to increase dramatically for UK businesses
Over 20,000 UK companies are to face increases in overall
energy costs of at least GBP55,000 from next year, insurer RSA says
2009-09-21
New
recovery centre to be launched in Edinburgh
A new 200-seat recovery centre will open next month in
Edinburgh
2009-09-18
Chubb:
Corby case warning to construction industry
Chubb warns of the wider implications of a recent High
Court remediation ruling
2009-09-18
Marsh
acquires Bermudan based IAS
Marsh has acquired International Advisory Services (IAS),
Bermuda's largest independent captive management firm
2009-09-16
SMEs
face raft of legal changes
The Forum of Private Business has launched a guide to help
small businesses comply with upcoming changes to employment law
2009-09-16
BSI
launches online data protection tool
BSI has launched a new online tool for personal information management
2009-09-15
Iron
Mountain appoints new senior vice-president
Iron Mountain has appointed Peter Eglinton as new senior vice-president
of its UK, Ireland and Norway operations
2009-09-14
BIBA
welcomes Tory clarification on FSA plans
The British Insurance Brokers' Association has welcomed
the shadow chancellor's clarification of FSA comment
2009-09-14
Ferris new Dual CUO
Paul Ferris has been appointed as new chief underwriting
officer of Dual International
2009-09-10
UK D&O premiums
yet to reach US highs
US financial institutions saw premium increases of 15% on average
in Q2, according to Aon's Quarterly Directors & Officers (D&O)
Pricing Index
2009-09-10
Zurich urges change
in attitude towards climate issues in Asia
Zurich is warning that environmental and health risks set Asia apart
from other continents. And not in a positive way
2009-09-09
BT widens business
continuity offering
BT Global Services has launched a series of new business continuity
offerings
2009-09-09
Crouch new head
of JLT's terrorism unit
Jardine Lloyd Thompson appoints Kelly Crouch as head of
its terrorism unit
2009-09-07
Food security risk:
USA most stable
A new Food Security Risk Index shows the USA as the world's
most stable food supplier
2009-09-03
Government
publishes swine flu planning assumptions
The Cabinet Office has today published a revised set of planning
assumptions for A(H1N1) swine flu
2009-09-03
Free business
continuity toolkit launched
Insurer initiative launches free business continuity planning
toolkit for SMEs
2009-09-03
K&R cover could
escalate within weeks
The recent lull in Gulf of Aden pirate attacks has resulted
in a rate reduction of about 30% on kidnap and ransom cover, but
not for long, warns Aon
2009-09-02
Swine flu: crumbs
of comfort?
Concerns over mutation of the swine flu virus may be eased following
new research
2009-09-02
Gloomy
outlook for insurance industry
Negative outlook set in for global insurance industry,
according to Fitch Ratings
2009-09-02
Bob Foster
joins Crawford
Bob Foster has joined Crawford to direct the company's
Lloyd's strategy
2009-09-01
Businesses fighting
for flat energy renewals
Medium sized business fighting for flat renewals; complex
and large business beholden to market appetite, according to Aon
2009-09-01
Fire claims
spike
ABI: Fire damage costs are at their highest since records
began
2009-09-01
Markel expands
into Canada
Markel International expands into Canada with its acquisition of
Elliott Special Risks
AUGUST
2009-08-27
BSI
publishes new information security standard
UK standards and assessment body, the BSI, has published a new standard
which complements BS ISO/IEC 27001
2009-08-26
Increased
human rights risk for emerging economy businesses
Human rights violations pose significant risks to business in emerging
economies, according to new reports
2009-08-26
Excess
capacity suppressing insurance rates
Insurance premium rate reductions slowed for property and
casualty business across EMEA in the first half of 2009, says Marsh
2009-08-25
Climate Camp
"swoops" on London
Disruptions may be possible in the capital this week as protestors
get ready for this year's Climate Camp for Action protests
2009-08-25
US
P&C insurers' investment losses unlikely to be long-term risk
to credit
Asset exposures and the capital impact of investment losses
have become more prominent contributing factors in recent negative
ratings for insurers, says Fitch
2009-08-25
Willis HRH names
new North American president
Vic Krauze named as new president of Willis' North American retail
brokerage
2009-08-24
Recession
gets taken out on insurance
The credit crunch spells lapsed or reduced cover, according
to insurance group, Aviva
2009-08-24
PageOne
launches new emergency notification system
Mobile messaging solutions provider, PageOne, has launched
Voiceblast, a new emergency notification service
2009-08-21
Pirelli risk
manager appointed to FERMA board
Jorge Luzzi, global director of risk management for the
Italian based industrial group Pirelli, has been appointed to the
FERMA board
2009-08-14
One
small step as first Lloyd's Exchange message sent
The first live message has been sent across the live Lloyd's
Exchange
2009-08-14
CNA Europe appoints new
CEO
John Hennessy has been appointed as new CEO of CNA Europe
2009-08-13
PI
rates expected to plateau for large law firms
Sound risk management and insurer competition to keep professional
indemnity costs flat for large law firms, according to Marsh
2009-08-13
MoD flaw down to XSS
vulnerabilities, say experts
The ongoing problem of cross site scripting (XSS) flaws has hit
the Ministry of Defence, according to experts
2009-08-12
Rating
agency reaffirms stable outlook for Lloyd's
Standard and Poor's reaffirms A+ rating for Lloyd's
2009-08-11
Companies
crack down on risky suppliers
Economic conditions force companies to apply more stringent assessment
of supply chains
2009-08-10
Slack
steps down from BIBA board
BIBA announces the retirement of Mike Slack after seven years with
the association
2009-08-04
ISO risk management standard approved
The International Organization for Standardization has endorsed
the first international standard for risk management, available
in October
2009-08-03
Aon: look
to France for credit insurance advice
UK government could breathe new life into the once promising
credit insurance scheme by following in the French government's
footsteps, says Aon
JULY
2009-07-31
Fury
over 'scandalous' tax on businesses' own parking spaces
The Forum of Private Business today said it was 'furious' over the
introduction of a 'scandalous' tax on businesses' own parking spaces
2009-07-30
Crossrail
funding could risk London's recovery
GLA's plans may harm the capital's recovery, says the British Retail
Consortium
2009-07-29
Swine flu frenzy:
BIBA offers advice to travellers
BIBA is offering consumer help on evidencing swine flu
insurance claims
2009-07-28
Economy
dominates risk thinking
A new report finds companies ill at ease with external threat pressures
2009-07-27
Industry
working group sets out vision for UK insurance
Insurance Industry Working Group publishes report into
challenges and opportunities
2009-07-27
Insurers
spending millions on invalid storm claims
Insurers could be spending more than GBP100m a year for
wind-storm claims that are simply caused by poor maintenance, says
Cunningham Lindsey
2009-07-24
Fitch
confirms Lloyd's A+ rating
Ratings agency Fitch confirms Lloyd's A+ rating with stable
outlook
2009-07-23
Workplace
tension continues amid unstable employment landscape
Recession stimulates a 22% rise in unfair dismissal conciliation
cases
2009-07-22
GSK develops
new anti-viral face mask
Pharmaceutical giant GSK has developed a new face mask designed
to protect wearers by inactivating viruses on contact with an innovative
coating
2009-07-20
Mardon named
as Torus CUO
Tim Mardon has been appointed president and CUO of Torus Re
2009-07-16
XL GAPS launches
online solution
XL GAPS launches a new internet-based property loss prevention
solution for commercial and industrial customers
2009-07-16
Bank
boards to face increased risk responsibilities
A review of corporate governance in the UK banking industry
may bring sweeping changes to the way banks are run
2009-07-08
Firms
told to prepare as swine flu cases mount
The CBI has urged firms to consider contingency measures
such as remote working
2009-07-08
PartnerRe
expands with Paris Re buy
The $2 billion deal lifts the Bermuda reinsurer to the
world's fourth-largest
2009-07-08
IUA:
Don't 'gold-plate' Solvency II
The FSA has been warned that additional regulation is not
needed and will jeopardise the UK's status as a business location
2009-07-08
Report
warns on Chubb's D&O losses
The financial markets crisis and the recessions could swamp
the insurer's reserves, says Barclays Capital
2009-07-08
Bennett
Underwriting Agencies joins Catlin
The Lloyd's insurer has acquired the Hitchin-based agency,
which specialises in professional indemnity
2009-07-08
Zurich's
carbon capture products spark interest
The insurer says a number of companies around the world
have responded since the January launch
2009-07-01
Financial
failure tops supply chain concerns
The credit crunch has placed it top of the risk agenda,
a report suggests
2009-07-01
Capital
''returning to reinsurance market''
Fears of rate hikes and a capacity crunch are largely unfounded,
a mid-year report finds
2009-07-01
Merger
to form consultancy giant
Towers Perrin and Watson Wyatt have agreed to join forces
2009-07-01
IUA
chief warns of regulatory backlash
Stephen Riley said the London insurance market could suffer
the impact of restraints on banks
2009-07-01
FERMA
voices reservations over Solvency II
Its new president says European insurance buyers still
have concerns over the new capital adequacy regime
2009-07-01
Companies
call for relaxation of best practice code
Blue chips want the ''comply or explain'' mechanism to
be replaced
2009-07-01
Beazley
launches US cover for data breaches
The Lloyd's insurer says healthcare and educational groups
are increasingly at risk
2009-07-01
Alarm
launches risk modelling tool for public sector
The National Performance Model for public services risk
management is part of a benchmarking programme
JUNE
2009-06-24
Police
apply anti-terror measures to cybercrime
Regional squads will be developed, in response to claims that the
police must do more to combat online crime
2009-06-24
Pensions
Regulator offers leeway on deficits
Companies have gained some concessions, but other CBI requests
were rejected
2009-06-24
Insurers
''see wind power as major growth area''
The industry is increasingly bullish on the prospects for
new projects, says Willis
2009-06-24
Long
hours culture ''harming employees''
Aviva reports that the credit crunch has added to stress
among workers
2009-06-24
Law
firm urges compensation claims against late payers
Businesses should use their right to claim interest and
compensation from late payers, says Lovetts
2009-06-24
Flood
and coastal erosion guidelines published
Government department Defra has issued a policy statement
for local authorities
2009-06-24
D&O
costs mount on both sides of the Atlantic
More lawsuits are being filed in the US, while UK firms
are buying higher limits
2009-06-18
Claims
protocol nears agreement
AIRMIC has announced an initiative to speed up claims payments to
firms whose cashflow is affected by major losses
2009-06-18
European
firms offered risk financing platform
A risk financing decision platform, already offered to
Aon's US clients, is being launched in Europe
2009-06-18
Firms
put overseas expansion on hold
British companies are putting their ambitions to grow internationally
on hold because of the recession
2009-06-18
Firms admit IT firewalls are inadequate
A survey of IT security professionals yields alarming results
2009-06-18
Financial
sector keeps cap on RM budgets
European financial institutions are paying more attention
to risk, but fewer have increased their risk management spending
2009-06-18
Major
companies 'change risk management strategy'
The chief executives of multinationals admit that the recession
caught them napping
2009-06-10
Electronic
progress in London insurance market
But brokers and underwriters have different views on how ePlacement
should work
2009-06-10
Financial
firms' risk management still flawed
A survey by Deloitte finds many firms still fail to carry out adequate
testing
2009-06-10
Jewellers
urged to guard against theft
A continuing recession means raids are likely to be more frequent,
says Aon
2009-06-10
WHO
mulls pandemic status for swine flu
The World Health Organisation's chief plans to consult with governments
2009-06-10
Trade
credit insurance scheme widened
The government has bowed to business calls to extend eligibility
to more firms
2009-06-10
BrightStar
sets out its stall
John McLaren-Stewart's new venture launches after two years in development
2009-06-03
Recession
sparks phenomenon of presenteeism
Job fears have made workers more conscientious, a survey suggests
2009-06-03
Pension
buyout market 'to halve this year'
But more companies will seek to transfer pension scheme risk, a
report predicts
2009-06-03
Map
shows shift in terrorism threat
Aon's latest Terrorism Threat Map indicates South Asia has become
more hazardous
2009-06-03
Amlin
pays €350m for Fortis Corporate Insurance
The latest purchase will strengthen the Lloyd's insurer's presence
in continental Europe
2009-06-03
Small
businesses 'need skills council'
Many of the UK's micro firms have failed to take advantage of grants
and schemes
2009-06-03
EC aims
for cross-border supervision in 2010
The proposed new system looks set for fast-track approval
MAY
2009-05-20
SunGard
urges firms to adopt stress testing
The group says that risk managers can follow three basic steps to
improve accuracy
2009-05-20
ABI's
director general accepts new post
Stephen Haddrill is named new chief of The Financial Reporting Council
2009-05-20
Remuneration
guidelines 'are being ignored'
Businesses have paid little heed to FSA recommendations, a survey
shows
2009-05-20
Warning
on workplace bullying
Complacent bosses are told they are storing up problems for the
future
2009-05-20
Lloyd's
wins Portugal licence
The insurance market has opened an office in Lisbon
2009-05-20
Lloyd's
'weathered storms in 2008'
A report praises the insurance market's conservative investments
and robust risk management
2009-05-20
Product
contamination insurance launched
XL Insurance will offer cover to BRC-certified producers
2009-05-13
ISPs
called upon to police users
A creative industries coalition wants tougher action against
online piracy
2009-05-13
Occupational
crime on the rise
New figures suggest that the recession is fuelling more
incidents of fraud
2009-05-13
Brussels
slaps EUR1bn fine on Intel
The world's largest chipmaker is accused of abusing its
market position
2009-05-13
Safety
warning for at-work drivers
A report suggests that some employees resist requests for
personal details and vehicle data
2009-05-13
US
signals crackdown on competition abuse
The new policy will reverse the Bush stance of non-intervention
2009-05-13
More
charities 'support self regulation'
The FRSB says its scheme launched two years ago has helped
limit the number of complaints
2009-05-13
Risk
managers 'ready for pandemic'
An AIRMIC survey shows most companies have contingency
plans in plac
2009-05-13
FSA
fines Morgan Stanley for risk control failure
The watchdog has fined the firm £1.4m after a trader covered
up losses
2009-05-06
EU Council
approves Solvency II
The directive passed another milestone towards implementation in
2012
2009-05-06
MPs
target "phoenix" insolvencies
Creditors are being cheated by abuses of the system, they allege
2009-05-06
SEC
brings first CDS insider trading case
The landmark case alleges confidential information was passed to
a hedge fund manager
2009-05-06
ABI issues its flood protection blueprint
It says the Environment Agency should have a statutory duty to reduce
flood risk
2009-05-06
FSA
planning sharp hike in fines
The watchdog's CEO says heavier penalties will deter financial wrongdoing
2009-05-06
Company
warns of ''drainage disaster''
Many systems laid for post-war buildings are collapsing as they
wear out
2009-05-06
Coface
says credit crisis deepening
The credit insurer says the UK and Ireland are among the worst hit
APRIL
2009-04-29
WHO:
Swine flu situation "evolving rapidly"
Little change to advice from the World Health Organisation, despite
rapidly changing situation
2009-04-29
Consumer
watchdogs have public's trust
A survey suggests the public is sceptical of other regulators' ability
to maintain business ethics
2009-04-29
Willis
Re launches catastrophe price index
The group says the new facility will track changes in the p/c reinsurance
market
2009-04-29
Berkley
names team for Lloyd's syndicate
The US group says Syndicate 1967 will open for business in June
2009-04-29
UK
households to get swine flu leaflet
The government plans to launch an information campaign next week
2009-04-29
Report
examines impact of climate change
A joint study by Lloyd's and the IISS focuses on four main areas
and the resulting business issues
2009-04-29
Smaller
firms "worst for worker deaths"
The building workers' union is campaigning for tougher penalties
against companies that neglect safety
2009-04-29
UK
firms waking up to data security
Well-publicised data losses by the government has moved the issue
up the agenda, says Kroll
2009-04-22
China
main culprit as product recalls rise
New figures show a 16% year-on-year rise across EU countries in
2008
2009-04-22
Fraud
warning from the Pensions Regulator
The watchdog has called for whistle-blowers to report and suspicious
activity
2009-04-22
Willis
sees greater focus on insurer security
Buyers are valuing strength over pricing, its report suggests
2009-04-22
Fund
set up to invest in European insurers
The Luxembourg-domiciled fund will take equity stakes to finance
acquisitions and MBOs
2009-04-22
Economic
downturn heads global risk table
The impact of the recession has displaced reputational risk as the
top concern for companies worldwide, reports Aon
2009-04-22
Insurance fraud
shows 17% jump
The ABI said the value of fraudulent claims last year was 30% up
on 2007
2009-04-15
Budget
initiative for supply chain cover cover
The government will help businesses suffering from the drought in
the credit insurance market
2009-04-15
Firms
'should step up shredding'
Businesses are being urged to step up security when disposing
of confidential information
2009-04-15
Pensions deficit
breaks GBP250bn level
The total shortfall in March rose by 18% from a month earlier
2009-04-15
Debit
card data is hackers' top target
Financial services companies are being singled out for
attack
2009-04-15
Beazley's
new chief has appetite for risk
Andrew Horton says the Lloyd's insurer aims to take on
more catastrophe risk
2009-04-08
UK insurers
'to benefit from higher rates'
The property/casualty industry will see premiums harden
further, says Moody's
2009-04-08
Italy
quake losses 'largely uninsured'
The economic cost could reach E3 billion, but insured losses
are estimated at E200 million to E400 million.
2009-04-08
Free
insurance 'health check' for smaller businesses
Broker Aon says many companies going to the wall might
have been saved by effective risk management
2009-04-08
Survey
shows widespread job cuts in UK
British companies have been quicker to lay off staff than
in other countries, a survey indicates
2009-04-08
Reinsurance
rates rise for US p/c
Typical increases are 10% to 14%, according to a Guy Carpenter
briefing
2009-04-08
FSA
welcome for conflict of interest guidelines
The watchdog has indicated its approval of insurance industry-developed
recommendations
2009-04-08
Alert
on defined contribution pension schemes
Companies are warned on the hidden costs created by former
employees
2009-04-05
Information
security spending bucks recession
Companies plan to allocate more funding despite tighter
IT budgets
2009-04-01
Solvency
II moves a step closer
The directive now goes before the European parliament later
this month
2009-04-01
S&P
sees tough years ahead for P/C insurers
The ratings agency predicts that a combination of factors
will limit growth
2009-04-01
Demand
for reinsurance up, says Willis
Its latest report finds the market has held up relatively
well
2009-04-01
Aon
Benfield: 'Reinsurance p/c rates hardening'
The broker's latest review of the reinsurance market reports
that April 1 renewals continue a trend
2009-04-01
Corporate
Manslaughter Act prosecutions 'in pipeline'
The legislation, now one year old, is ''likely to gain
more momentum''
2009-04-01
Business
groups oppose Equalities Bill
Companies could be forced to disclose details such as the
gender and race of employees
2009-04-01
China's
watchdog wants tougher risk management
But the country's insurance industry is financially stable,
he reports
2009-04-01
G20
leaders appeal on insurance regulation
Industry bodies are stressing that new rules for banking may be
inappropriate for insurance
MARCH
2009-03-23
Total
found liable for Buncefield blast
A high court ruling said the oil group was solely responsible for
the December 2005 explosion
2009-03-23
Business
Continuity Awareness Week begins
Broker Marsh is marking the event by offering SMEs
a free checklist
2009-03-18
FSA
calls on banks to hold more capital
The Turner review makes a series of proposals for tighter
regulation of the financial sector
2009-03-18
Insured
cat losses hit USD52bn in 2008
Europe escaped relatively lightly, Swiss Re's latest
report shows
2009-03-17
Ransom
disputes 'put crew at risk'
Piracy attacks on ships using the Gulf of Aden are an increasing
scourge, says Chubb
2009-03-17
Free
seminar examines BS25999
A presentation next month will review the new British
Standard and business continuity
2009-03-12
Prospects
bright for top-rank risk managers
A survey suggests remuneration will improve for the
best, although some claim they lack influence
2009-03-12
Be
afraid, FSA warns City firms
The financial sector's watchdog chief calls on shareholders
and investors to be more questioning
2009-03-11
Hannover
Re upbeat despite 'lost year'
The German reinsurer dipped into the red during 2008
2009-03-11
Actuaries called
on to raise their game
Firms should speed up their drive to use ERM tools,
says their professional body
2009-03-11
Employers'
Liability Insurance Bureau proposed
An insurer of last resort, similar to the Motor Insurance
Bureau, would be established
2009-03-11
FERMA
takes a worldwide view
The 2009 Forum in October takes the global village
as its theme
2009-03-10
Recession
puts law firms in firing line
The top UK firms feel they are more exposed to risk,
according to a survey
2009-03-05
Lloyd's
promises more improvements
The insurance market reports that its modernisation initiatives
are reaping benefits
2009-03-05
Scor strikes
a note of confidence
The French reinsurer expects harder market conditions to endure
for the next three to four years
2009-03-04
Local
authorities praised for business continuity plans
Most are in a good state of preparedness, a survey suggests
2009-03-04
Mining
losses affecting capacity and rates
While the energy insurance market is stable, mining companies
face hardening rates says Willis
2009-03-03
AIG's
transparency "has averted major problems"
The US insurer has been open about its problems, according
to broker Jardine Lloyd Thompson
FEBRUARY
2009-02-27
Fraud
insurance cover 'in need of revamp'
Policies tend to be backward looking and fail to address newer,
more sophisticated frauds, claims Marsh
2009-02-25
Credit
insurers 'displacing ratings agencies'
Companies need to actively woo insurers to maintain their
credit lines, suggests Aon
2009-02-23
Financing
gap threat on horizon, warns ACT
All but a handful of companies face an uphill struggle in
securing investment capital
2009-02-18
UK
rates for D&O liability harden
For companies in the worst-hit sectors, premium increases
of up to 40% are possible
2009-02-18
Companies
'should be assertive' on pensions
Pension fund trustees demand more than is affordable, says
PwC
2009-02-17
IT
continuity management standard published
The BSI says BS 25777 can assist companies in surviving a
crisis
2009-02-17
Supply
chain disruption threat rose last year
A further 16 countries have joined those where supply chains
are vulnerable, says Aon
2009-02-12
New
tools for Basel II ICAP requirements
Oracle and SAP have added products that aim to improve firms'
risk management
2009-02-12
ITGI
invites comments on IT risk proposals
The non-profit body's new proposals are aimed at rounding
out its IT risk governance guidelines
2009-02-10
Review
to focus on bank corporate governance flaws
Alistair Darling says it should be more effective in holding
executives to account
2009-02-10
European
insurers 'maintain IT budgets'
Companies now regard technology as a means of reducing business
costs, reports Celent
2009-02-10
Fitch
anticipates more insurer downgrades
The agency says the sector has borne up to the financial crisis
well, but is starting to feel the impact
2009-02-10
EU
environmental liability law goes ahead
England will transpose the Directive at the start of next
month, nearly two years behind schedule
2009-02-05
Swiss
Re taps Warren Buffett for capital
The US investor will provide the group with SFr3bn in funding
2009-02-05
Aon
Benfield offers online natural hazard info
The new website offers companies a hazard and risk science
resource
2009-02-05
Lockton
launches new risk management tools
The group says it is responding to security breaches from
IT outsourcing
2009-02-04
Business
'has learned lessons of floods'
Companies are showing greater resilience in coping with bad
weather, says SunGard
2009-02-04
Profits
squeezed at Munich Re
The reinsurance giant says it is satisfied with its earnings
for 2008
2009-02-04
Report
predicts more insurance sector M&A
Sluggish growth will spur further consolidation, says a report
2009-02-03
KMPG warns
of soaring corporate crime
The group says the level recorded last year was a 13-year
high
2009-02-03
Snow
disruption 'costs economy £1.2 billion'
A prolonged cold snap could push 2,000 to 3,000 firms out
of business, says the FSB
2009-02-03
Rise
in unfair dismissal claims
The economic downturn has seen more claims arising from redundancies,
reports Hiscox
JANUARY
2009-01-29
Credit
crunch drives political risk higher
Aon's annual political risk map places seven countries
in a new higher risk category
2009-01-29
RIMS
says ERM could have mitigated crisis
The US association reports that companies failed to use key
risk management techniques
2009-01-28
Klaus
may cost insurers up to Eur700 million
The winter storm that crossed France and Spain was
less destructive than Martin in 1999
2009-01-28
Zurich
issues recession checklist
The insurer says commercial properties are at greater risk
during the downturn
2009-01-28
Fewer
traditional Names at Lloyd's
Lloyd's of London has seen its corporate mebership rise, but
active individual members are 15% down on last year
2009-01-28
Business
toolkit will combat IP crime
A government-backed best practice toolkit will combat counterfeiting
and piracy
2009-01-27
Survey
indicates return of hard market
A newly- launched quarterly index shows most underwriters
anticipate rate rises this year
2009-01-26
Aon adds London
unit for ERM in Italy
The broker says it will work to develop the enterprise risk
management concept
2009-01-21
Losing credit insurance 'hastened' Empire Direct's demise
The electrical retailer's administrator says the
loss of cover contributed to its problems
2009-01-21
Allianz
battens down the hatches
Despite the German insurer's interest in AIG units for sale,
it rules out any acquisitions in the near term
2009-01-21
IUA says
swifter claims payment a priority
The Association's chief executive says London will also maintain
the pace on market reforms
2009-01-21
Britannia
and Co-op plan a union
The deal is being promoted as an ethical alternative to the
high street banks
2009-01-20
Madoff
claims 'may cost insurers $1.8 billion'
A preliminary estimate from Aon Benfield suggests this could
be the cost of the alleged scandal
2009-01-20
AIG
Europe gets E680 million boost
The insurer insists that it's not for sale as it announces
a boost to its solvency levels
2009-01-14
Brit
builds on its US operations
The Lloyd's insurer is setting up a new underwriting
unit in Chicago
2009-01-14
Business
failures reach "staggering heights"
The worst is yet to come as the recession deepens,
warns Equifax
2009-01-14
Risk ignorance "top challenge for 2009"
Risk managers see embedding enterprise risk management across
the organisation as a priority, reports Aon
2009-01-14
Free
health and safety advice offered
Companies are offered a one-day workshop to update them on what
is required of them
2009-01-14
Lending
squeezed as banks close unused credit lines
More than one in three firms that do not use their
full credit facilities have had them withdrawn
2009-01-13
WEF outlines risk scenario for the year ahead
Its latest report calls for improved risk governance and warns
that slumping Chinese economic growth could deepen the financial
slowdown
2009-01-13
Traditional
Names back in fashion at Lloyd's
Amlin's success in raising capital from private investors
has encouraged the market's other insurers
2009-01-13
Aon
criticises new insolvency rules
The group claims that pre-pack insolvency arrangements
are unfair to the creditors of failed businesses
2009-01-08
Aon
to pay GBP5.25m over risk management lapses
The group says it has agreed the penalty with financial
sector watchdog the FSA
2009-01-08
Survey
finds European employee absence rates rising
Many European firms are incurring heavy health benefit
costs by failing to effectively monitor their employee absence
rates, claims Mercer
2009-01-07
Gaza
conflict triggers cyber attacks
Companies are warned that hackers, who previously focused
on government units, have widened their target
2009-01-07
Risk
management "stigmatised", say bank execs
A survey of global bank executives found three in four
believed their group should accord greater priority to risk
management
2009-01-07
Firms
urged to use free "business MOT" service
The government is promoting a scheme to assist smaller
firms first launched late last year
2009-01-06
ABI
eases line on rights issues
UK companies can hold big rights issues more easily
after the ABI responded to calls to relax its guidelines
2009-01-06
Californian
earthquake would "accelerate US mortgage meltdown"
The current fragility of the world economy makes the
US and international financiers vulnerable in the event of a
major catastrophe, says a report
2009-01-06
Aon
and Euler Hermes launch SME insolvency product
The broker and insurer are joining forces on a service for smaller
businesses
2009-01-06
Guide
addresses insolvency issues
With corporate insolvencies set to rise, a law firm
is offering guidance on the many resulting issues
2009-17-06
Reinsurance
sector "still resilient"
A report by Willis concludes that, so far,
the reinsurance sector has avoided much of the impact of the
credit crunch
2009-01-06
Roche:
Britain's bosses ignore risk of 'inevitable' pandemic
Pandemic planning down the UK business agenda despite
Government warnings and financial vulnerability
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