A Risk and Insurance Christmas Carol

Modern Ebenezer Scrooge

In Charles Dickens’ classic, A Christmas Carol, we join a forlorn Ebenezer Scrooge on a journey across his past, present and future. This timeless tale shows us that a lack of perspective, perception and reflection can set us, and those … Continue reading →

How Do You Solve a Problem Like Local Policy Limit Burn?

global pins

I understand that this is a less catchy title than the one for the recent BBC television programme. It is, though, still something that exercises the minds of risk managers responsible for placing large international D&O programmes (and maybe other … Continue reading →

For PPACA, 2015 is Here

PPACA: 2015

2015 will be the first real test from an employer perspective on the mandates under the Patient Protection and Affordable Care Act (“PPACA”). Most employers that have to comply with the PPACA mandates found that their plans typically met the minimum … Continue reading →

The Human Risk Factor: Falsification Leads to Major Pollution

oil leak

An employee at a leading pipeline company, responsible for a massive jet fuel leak near Mitchell International Airport that cost $19 million to clean up, has agreed to plead guilty to federal criminal charges this week in the United States. Continue reading →

English Supreme Court Not Impressed With Corporate Vehicle Run By Arab Prince

Britain Saudi Arabia

Not long ago I blogged about the case of an Arab Sheikh who was a director of  a company involved in litigation in the UK and was made subject to UK jurisdiction even though he was resident in Saudi Arabia.  … Continue reading →

The SFO Secures its First Bribery Act Convictions: Watershed or Damp Squib?

behind bars

It’s been a long time coming but the SFO have at last succeeded in securing its first convictions under the Bribery Act which came into force over three years ago. Given that the Act, by common consent, contains some of … Continue reading →

Real Estate and the Treasury’s Revised Funding Proposals for Pool Re

London cityscape

Commentators initially thought the UK Government’s revised funding proposals for Pool Re would have a significant effect on the provision of terrorism insurance in the UK, however a review of the detail indicates that there may not be any notable … Continue reading →

TRIPRA Legislative Update: Delays Continue in Final Vote

capitol building

On Wednesday, December 10, the House of Representatives, in a vote of 414/7, passed legislation to reauthorize the Terrorism Risk Insurance Program Reauthorization Act of 2014, (TRIPRA) for a further six years. While the overwhelming House vote in favor of this … Continue reading →

How to Communicate With Your CEO About Risk

Talking to CEO

What’s the job of a CEO? When you come down to it, a CEO’s job is to make decisions. The right decisions. Knowing your CEO’s priorities is key to communicating effectively. Continue reading →

You Can’t go Far These Days in the Insurance World Without Hearing About Cyber

cyber risk to directors

Everyone wants to talk about cyber. I was recently invited to a cyber-conference in which the blurb said there were over 80 cyber products out there offered by more than 60 different providers. The promise was to debunk the myths … Continue reading →