Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
AIR Unveils New Tools for Corporate Risk Management
Apr 10 2002 // Applied Insurance Research, Inc. (AIR), a catastrophe and weather risk modeling company, announced the assembly of a suite of products developed to meet the needs of corporate risk managers. The products, capitalizing on...
Aon Study Reports CFOs Looking to Reduce Financial Uncertainty
Mar 27 2002 // CFOs are looking for ways to maintain earnings stability and secure a competitive advantage in the uncertain economic market and are finding it in an unlikely place—risk management—according to final results of a...
American International Companies Unveils Program for Construction, Power Facilities
Mar 26 2002 // American International Group, Inc. (AIG) announced that the American International Companies has introduced AIG PowerBuild(SM), which provides a comprehensive package of insurance products and services designed for the...
S.D. Risk Manager to Lead PRIMA
Mar 14 2002 // The Public Risk Management Association (PRIMA) elected Tracy L. Dahl-Webb, a risk manager for the city of Brookings, S. D., as president of the association for 2002-2003. Dahl-Webb will take office in May at PRIMA’s...
Mutual Risk Management Notes Sale of Hemisphere Management Subsidiary
Mar 8 2002 // Mutual Risk Management Ltd. announced that it has signed a definitive agreement with The BISYS Group Inc. for the sale of its fund administration business, Hemisphere Management Ltd. Pursuant to the agreement the Company...
RMS Purchases Catalyst Catastrophe Risk Models from Benfield Blanch
Mar 7 2002 // Risk Management Solutions (RMS) has purchased the Catalyst® U.S. earthquake, hurricane, and tornado models and related software from Benfield Blanch Inc. RMS will incorporate elements of the models into its RiskLink®...
AON Survey Says CFOs Want Improvement in Strategic Risk Management
Feb 25 2002 // Aon recently presented preliminary findings of a survey that reveals most CFOs have concerns about whether their risk management strategies support their companies’ business objectives. Conducted by CFO Research...
Element Re Publishes Weather Risk Management Guide
Feb 22 2002 // Element Re Capital Products Inc., a division of XL Capital specializing in weather risk management products, has announced the international publication of “Weather Risk Management: Markets, products and...
RIMS to Hold 40th Annual Conference and Exhibition
Feb 22 2002 // Managing risk worldwide is the timely theme of the Risk and Insurance Management Society Inc.’s annual conference this year in New Orleans, La. The Sept. 11 terrorist attacks highlighted the increasingly important...
Farber Discusses Importance of Identifying and Minimizing E-Risk
Feb 4 2002 // Jon Farber, assistant vice president of Global Technology Underwriting for The St. Paul Companies, commented during a meeting of insurance professionals and risk managers at the Insuring E-Business Summit in San Francisco...
2002 RMS Client Conference to Focus on Technical Knowledge, Practical Insights for Use of CAT Models
Jan 16 2002 // Risk Management Solutions (RMS) announced that its annual Client Conference will be held March 11-14, in San Francisco, at the Westin St. Francis Hotel. The conference’s focus, shaped by direct feedback from RMS...
Goldman Insurance Services/Risk Management Purchased
Dec 18 2001 // Willis Group Holdings Limited, the global insurance broker, announced the acquisition of Goldman Insurance Services/Risk Management of San Francisco, Calif.. The transaction is expected to close Dec. 31. Goldman Insurance...
Cost of Risk Declines for Second Consecutive Year
Dec 10 2001 // For the second consecutive year, the overall cost of risk declined to the lowest point in over a decade, according to the newly released 2001 RIMS Benchmark Survey®. The 200-page survey, co-produced by the Risk and...
Are Your Files Defensible’ A Look at E&O Risks for Agents and Brokers
Nov 12 2001 // A short time ago, the Wall Street Journal ran an article on litigation, the caption of which read: “When all else fails, the American way is to file a lawsuit.” The article correctly pointed out that it has...
RMS Releases New Weather Model for Industry
Nov 6 2001 // Risk Management Solutions (RMS), a provider of products and services for the management of natural hazard risks for both insurers and reinsurers, released an advanced daily temperature simulation model that provides...
NAIC SPRV Model Provides Added Tool to Manage Risk for Natural Catastrophes
Nov 5 2001 // The National Association of Insurance Commissioners’ (NAIC) adoption of the Special Purpose Reinsurance Vehicle (SPRV) Model Act will provide a template for states to create legislation that will enable onshore...
Are Your Files Defensible’
Nov 5 2001 // A short time ago the Wall Street Journal ran an article on litigation, the caption of which read: “When all else fails, the American way is to file a lawsuit.” The article correctly pointed out that it has...
The St. Paul Companies Releases Study on Safety of Outdoor Adventure Programs
Oct 31 2001 // Consumers of outdoor adventure programs have no clear way of evaluating the safety of these programs for themselves or their children, according to a survey of nearly 300 CEOs and risk managers of outdoor adventure...
RMS Releases New Company Website for Natural Hazard Risk Management
Oct 22 2001 // Risk Management Solutions (RMS) announced the release of its newly upgraded company website at www.rms.com. The new site serves as an entry point to weather risk, and enterprise risk management. It also features a...
RMS Releases New Company Website for Natural Hazard Risk Management
Oct 12 2001 // Risk Management Solutions (RMS), the industry leader in natural hazard risk modeling, announced the release of its newly upgraded company website at www.rms.com. The new site serves as an entry point to the company’s...
