Risk, Re-/Insurance and Future Thinking
From the monthly archives:
Via Merlin’s ever-effervescent 43 Folders, comes this great idea from Adam Gurno for keeping track of who the h€ll people are in meetings. Yes, kids, map that table. You know if there are more than two of you - especially if there are more than two people from one outfit - that you are probably [...]
{ 0 comments }
Have you been following the story about North Korea and its attempts to recover on its reinsurance contracts? Well, my old lot have now issued proceedings in the Commercial Court on behalf of the Korean National Insurance Corporation (KNIC) for recovery of the cash, according to this report on Fox News (yes, I wouldn’t [...]
{ 0 comments }
Ah, how nice to know that it’s all a storm in a teacup. And this from a Qualified Expert. Chrysler’s chief economist Van Jolissaint has launched a fierce attack on “quasi-hysterical Europeans” and their “Chicken Little” attitudes to global warming. And according to Mr Jolissaint, “global warming [is] a far-off risk whose magnitude [is] [...]
{ 0 comments }
Accountancy Age reports today that KPMG is set to face a tribunal over its auditing of Independent Insurance after the Joint Disciplinary Scheme formally laid complaints today. The firm audited the group between 1986 and its collapse, and signed off Independent’s last company accounts in 2000. IIG collapsed in June 2000 with ‘unquantifiable losses’ [...]
{ 0 comments }
Here’s a cheery article from the Telegraph about the effects on London of a 1m rise in water level. Apart from the rather obvious conclusion that it would be “very bad news” for London to have such a rise, the report quotes “a leading climate expert” as saying that: In some areas insurance [...]
{ 2 comments }
This has no reinsurance content at all, but if you turn the sound down a little, it will provide you with a lightener before you consider that next heart-breaking risk: Enjoy the silliness. Reinsurance/law stuff will follow. May the force be with you.
{ 0 comments }
From rather an unexpected source - the New Yorker - comes this excellent article about Enron, its demise and the question of whether Skilling et al really did conceal that much about what they were up to. It’s by Malcolm Gladwell, author of The Tipping Point and Blink (though I confess I’ve never been [...]
{ 0 comments }
And apparently it’s going to come true. 2006 was the warmest year on record in the UK, according to the Met Office, with temperatures 1.1C (2F) above the norm for the period 1971-2000, but globally 2007 is to be even warmer. An extended El Nino event is set to push temperatures to record highs. According to the Met [...]
{ 1 comment }
