Marsh
Marsh appoints Hong Kong chairman
US insurance broker and risk adviser Marsh has hired insurance industry veteran Kenneth Kwok in the newly created role of Hong Kong chairman. His role will include developing new relationships in the local business community and strengthening the…
Preparing for the worst-case scenario
When unpredictable and cataclysmic events befall a business, its recovery systems must be up and ready to go, reports Duncan Wood
Ensuring Insurance
Are existing insurance products meeting financial institutions' needs? Giuffre Associates' Sandra Giuffre finds out
Nomura analyst sceptical about Nera’s ratings study
Research by National Economic Research Associates' (Nera) economic consulting division comparing different rating agencies’ rating processes has been described as “disappointingly inconclusive” by Mark Adelson, a New York-based securitisation and asset…
Terrorism insurance - Modelling the unthinkable
In November, the US government passed a law requiring all insurers to underwrite terrorism risk, forcing them to find a way to price this exposure. Could terrorism risk models be the answer?
Mercer snaps up Oliver Wyman
Mercer, a consulting division of New York-listed Marsh & McLennan, has bought specialist risk management and financial service practice consultants Oliver Wyman & Company for an undisclosed sum.
Mercer snaps up Oliver Wyman
Mercer, a consulting division of New York-listed Marsh & McLennan, has bought specialist risk management and financial service practice consultants Oliver Wyman & Company for an undisclosed sum.
Bond Market Association warns Congress of catastrophe bond market disruption
Christopher McGhee, head of insurance risk-linked securities trading at insurance and reinsurance broker Marsh & McLennan Securities in New York, told a US House of Representatives financial services subcommittee yesterday that pending accounting changes…
What the banking industry (and others) told the Basel regulators
The Central Bank of the United Arab Emirates said the op risk capital charge may be left to the discretion of the national supervisor, and should be based not only on quantitative factors, but should take account of qualitative factors. The Central Bank…