Corporate Risk

Chartis has fortified its C-suite with the newly created role of chief science officer: Murli Buluswar has been tasked with assembling a team of thought leaders who together will identify global trends that will shape the insurance market over the next decade.

Aon Hewitt recently released the 2012 People Risk Index, ranking 131 cities worldwide based on the risk that organizations within the cities face with recruitment, employment and relocation.

Just in case this weekends NATO summit in Chicago leads to violence and rioting, as has happened in other cities hosting world leaders, at least one insurer is reminding risk managers to prepare for the worst and hope for the best.

The medical-liability insurance industry has recently seen positive results and is working to minimize the peaks and valleys that it has historically seen, according to Brian K. Atchinson, the new president and chief executive officer of the Physician Insurers Association of America (PIAA).

The medical-liability insurance industry has recently seen positive results and is working to minimize the peaks and valleys that it has historically seen, according to Brian K. Atchinson, the new president and chief executive officer of the Physician Insurers Association of America (PIAA).

The catastrophes of 2011 were notable for their frequency and severity, and insureds should take away lessons from the year regarding what to look for in insurance policies to maximize coverage for future events, insurance broker Marsh says.

Prompted by a lobbying group that supports efforts to reduce global warming, three insurance companies and the Association of Bermuda Insurers and Reinsurers have publicly renounced their support for the Heartland Institute, a libertarian research group.

Soft market insurance conditions persist in the airline insurance marketplace, but risk appetite and exposures are fluctuating masked by regional and corporate differences, says Aon Risk Solutions.