Corporate Risk

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  Aon: 44% of Nations Have Identifiable Terrorism Risk

  By Mark E. Ruquet, PropertyCasualty360.com  |  May 17, 2013

  The risk of terrorism is having an increasing impact on global organizations. See which nations have improving and worsening outlooks for terrorism risk.

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  $45M Global Bank Heist Could Complicate Cyber-Liability Market; Impact Other Coverages

  By Anya Khalamayzer, PropertyCasualty360.com  |  May 13, 2013

  Experts say liability for the theft could fall on the processors of the debit cards used to perpetrate the crime, and make it difficult for other financial institutions to get cyber insurance coverage.

• Banks in Cyber Heist Face Uncertainty in Getting Money Back

  By Joseph Ax, Reuters  |  May 13, 2013

  Two banks hit in a $45 million ATM heist face an uncertain path in trying to recover their losses, says financial, insurance and legal experts.

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  Authorities Launch Criminal Investigation of West Fertilizer Explosion

  By Chad Hemenway, PropertyCasualty360.com  |  May 10, 2013

  A criminal investigation has been launched into the West, Texas fertilizer plant that exploded last month.

• Slate for World Risk Day Announced

  By Anya Khalamayzer, PropertyCasualty360.com  |  May 10, 2013

  World Risk Day, a virtual conference that invites risk leaders from around the world to present industry knowledge, has announced its speaker lineup.

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  RMS CEO: New Risk Management Platform to 'Crush Latency'

  By Chad Hemenway, PropertyCasualty360.com  |  May 9, 2013

  Risk Management Solutions has unveiled a new, open platform it says will enable insurers to manage models and exposures in minutes rather than months.

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  Fireman’s Fund Highlights Historical Risks to Celebrate 150th Anniversary

  By Anya Khalamayzer, PropertyCasualty360  |  May 7, 2013

  Fireman’s Fund is marking its 150th anniversary with a traveling exhibit of vintage artifacts that link the company’s underwritten policies to some of the nation’s most important moments, from great disasters to the early days of movies and aviation.

• Ace’s ESIS Expands Globally

  By Anya Khalamayzer  |  April 29, 2013

  Ace Group has opened twelve regional management hubs for ESIS; a risk-management product it launched in 2008 for multinational organizations in the America, Europe and Asia.

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  W.R. Berkley Cos. Files Suit Against West Fertilizer Owner for Negligence

  By Chad Hemenway, PropertyCasualty360.com  |  April 24, 2013

  Subsidiaries of W.R. Berkley have filed a subrogation suit against the owner of the West, Texas fertilizer plant that exploded April 17.

• RIMS: Strategic Risk Management Has Room to Grow

  By Anya Khalamayzer, PropertyCasualty360.com  |  April 23, 2013

  Executives see risk management as a significant and desired role in an organization, but a study shows the role hasn’t yet tapped into its full potential to grow enterprises and strengthen their bottom lines.

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  A Growing Corporate Risk: Work-Issued Mobile Devices

  By Anya Khalamayzer, PropertyCasualty360  |  April 10, 2013

  Corporate leaders issuing cell phones to employees to conduct business-related communication are realizing tablets are one of the evolving technologies that keep them walking the razor’s edge of cyber exposure.

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  Risk Manager Compensation Survey Shows Bonuses Were Slashed

  By Staff Writer  |  April 3, 2013

  PC360’s annual Risk Manager Compensation Survey reveals compensation is down across the board, most notably in bonuses. And the disparity between male and female risk-manager base salaries grew.

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  Risk Managers Report: Which Insurers They Use and Why

  By Chad Hemenway, PropertyCasualty360.com  |  April 2, 2013

  We reached out to risk managers and asked a couple of simple questions: Who do you use, and why? Here’s what they had to say.

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  2013 Risk Manager Choice Awards: AIG Gets the Edge

  By Chad Hemenway, PropertyCasualty360.com  |  March 29, 2013

  American International Group Inc. is the top choice among insurance buyers in the 2013 Risk Manager Choice Awards as the best overall commercial-insurance provider.

• Securities Class Action Settlement Frequency Falls; Attorneys Say It's Just a Lull

  By Mark E. Ruquet, PropertyCasualty360  |  March 26, 2013

  A 14-year low in the number of securities-class-action settlements last year has not dampened plaintiff attorneys’ enthusiasm regarding the probability of future directors and officers litigation to keep them employed.

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  It's a Risky World for Businesses: Aon Political Risk Map

  By Mark Ruquet, PropertyCasualty360  |  March 25, 2013

  Insurance broker Aon says the political-risk-exposure rating in its 2013 Aon Political Risk Map has improved for 13 countries over the past year, a notable upgrade over last year’s report, when only two nations had been upgraded. Click to read the highs and lows of Aon’s ratings and trends.