Risk, Re-/Insurance and Future Thinking
From the category archives:
Toyoto is not having a good time. A couple of days back I wrote about the Toyota slow-motion PR wreck. Yet here is another perspective on the whole matter from Ed Wallace on Business Week.
He cautions, soundly, against knee-jerk reactions and suppositions, citing very very biased reporting and investigation in the cases of [...]
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Just when you thought it was all over, safe to go in the water etc, it looks like the banks are going to get hit all over again. Mrs. ReRisk has been predicting this for some time and it looks as if she is going to be vindicated.
From data compiled by DeMontfort[1] University, Savills [...]
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Oh dear. The train-wreck-in-slow-motion that is Toyota’s current crisis has got a lot worse today with the announcement that they are having to recall all their Prius models worldwide to sort out brake problems. Toyoda-san, the grandson of the founder, can’t be having a good day.
What sort of claims will emerge from this? [...]
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This is what happens when you start meddling in the insurance markets for short-term political gain — the markets dry up and blow away. In the Gulf and southern states likely to be affected the situation is thus:
Primary capacity is down by an estimated 30-40%
Traditional RI capacity is down by about 10%
There have been [...]
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According to the FT today
Companies based in the UK, Bermuda and the Cayman Islands account for 16 of the 29 ongoing investigations in Washington’s fast-expanding assault on graft by overseas companies.
Thus far, US prosecutors have secured fines of over $1bn against 43 companies in relation to bribery and corruption charges.
At the same time, a North [...]
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At least from Barlows.
Word is that “Barlow Lyde & Gilbert (BLG) insurance heavyweight Colin Croly has left the firm following the merger of its insurance and reinsurance practices. Croly was tipped to take the senior partner position last year, but was beaten to the post by professional liability head Simon Konsta. It is not yet [...]
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DiscoveryResources has published a list of 20 top e-discovery predictions for the coming year.
These in particular struck me:
5. Software as a Service will start gaining inroads due to lack of credit and a reluctance to make capital purchases.
i.e. hosted discovery services. I’ve been using these for about 5 years now and the people I am [...]
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One Janis Krums (a man) went to rescue people from the Hudson, and sent this picture via Twitter, believed to be the first of the crash.
Citizen journalism — and perhaps useful to crash investigators and insurers.
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Today was my last day with the old firm. I learned a lot while I was there, but an opportunity came up that was too good to let go.
As from 5 January 2009, I shall be with the London office of Sedgwick Detert Moran & Arnold LLP. I used to work with Mark [...]
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