AT 87, AND WITH his place in the history of insurance secure, Hank Greenberg certainly deserves a little time off. But that fits neither his personality nor his plans.

Interest in Product Recall and Liability insurance is rising among companies in the U.S., especially as supply chains grow ever more global, thereby exponentially increasing exposures to manufacturing and distribution problems.

A four-day conference of 80 business leaders and risk decision-makers from around the world met in Dubai earlier this month to discuss the best practices and latest trends in implementing enterprise risk management in the region.

Insured losses from a Texas hail storm June 13 could be higher than the $400 million in losses estimated from early April tornadoes in the Dallas-Fort Worth area.