... make this article comparatively short. While I cannot fault their logic or their findings, I suspect that the rate of consolidation and globalization in the primary insurance sector, combined with the insidiousness of insurance into every aspect of our lives is bringing primary insurance ever closer...

...Risk Management Team, Marsh UK The insurance market is having a tough time. Costs are rising as risk become tougher. But the best risks see high costs of insurance as a reason to leave the market and insure themselves. The market cycle has been broken. The key now is to understand and manage risks...

... will be the crucial competitive advantage. “As knowledge is power”, she says, “knowledge is more powerful today than ever before”. © Company 2002 Assets management Investment Insurance Risk management Knowledge management Regulations Investment consultants have established a niche...

... professional body, based in London. Further information is available through their Web site on www.treasurers.org Insurance too is becoming a highly technical discipline and is now more closely aligned with an integrated risk management approach than its traditional operational home. Specialist skills...

... services world but for insurance companies in particular. The authors assess what changes will be required in insurance company reporting and lay particular stress on risk management. © MCB UP Limited 2002 To gauge the likely implications it is worth considering what often happens under today’s...

... decisions are taken by the clients’ board of directors, the scope of work undertaken should again be clear and where the bank has relied on work carried out by others, that should be set out. © Company 2001 Banking Risk management strategies Litigation Insurance Legislation During...

...Chris Mundy The author traces the history and philosophy behind the concept of risk transfer and concentrates on the underlying theory of insurance. He argues that the complexity of the modern business world has meant that the simplicity of the concept has been lost. To this has been added...

...Eamonn Rice This article looks at the changes in the insurance market which are being forced by new economy pressures. The author considers the squeeze created by consolidation in the financial services market and by globalisation and how companies have responded by creating asset management...

...Chris Mundy Draws on the results of a survey into alternative risk transfer by Marsh Risk Finance covering major corporations over three years. Covers the needs of the buyers rather than the suppliers. Shows how alternative risk transfer can be of value to the insurance world in particular...