Latest Posts

What Risks Will Emerge in 2012?

Emerging Risk

18 emerging risks, some of which have been brewing for a while, some haven’t yet resulted in any claims, others are new twists to well-known risks. Continue reading →

In China, the Year of the Dragon Begins…

The massive Chinese new year migration is one measure of the staggering growth of China’s economy over the last decade. Continue reading →

5 Financial News Stories You May Have Missed — And a Dodd-Frank Cheat Sheet

This week's financial news includes Dodd-Frank Act, Foreign Corrupt Practices Act, China, SEC, Debt Swap and Greece Continue reading →

No Room for Woolly Thinking in the Re/Insurance Industry

I recently presented a paper on risk perception to the UK’s Parliamentary & Scientific Committee. Below is a snapshot of my speech, but you can access the full paper, “Risky Business: Risk and Reward Assessment in Business Decision Making,” here. Continue reading →

Costa’s Cost Could Sink that of Titanic

The Concordia, which is owned by Carnival Cruise Lines, may very well sink the Titanic's marine loss record. Chris Bhatt of Willis Marine practice discusses the incident's significance in the marine insurance world, both from a hull loss and liability perspective. Continue reading →

Beware of Sleeping Dogs in Hong Kong and Beyond

How long can you as a defendant director afford to do nothing if, after you are sued, the claimant does little or nothing to move its case against you forward? That is the question with which the Hong Kong Court of Final Appeals had to grapple in its recent judgment regarding the liquidated Wing Fai Construction Co. Ltd. Continue reading →

SFO to “Vigorously Pursue” Investors Who Benefit From Illegal Company Dividends

A warning issued by the UK’s Serious Fraud Office (SFO) yesterday has left investors quaking in their boots. As reported in the Financial Times today, the SFO has for the first time won a Civil Recovery Order under The Proceeds … Continue reading →

5 Financial News Stories You May Have Missed – And Another Cheating Spouse

This week's financial stories include the euro, AIG, BBVA, Google, data mining, Peugeot, CFTC, Newedge, Swiss National Bank, and Thomas Jordan's wife. Continue reading →

The SEC Blinks and Agrees to Change its Settlement Policy, Sometimes

United States District Court for the Southern District of New York

SEC to stop settling civil charges where defendants "neither admit nor deny" guilt when the same defendants actually do admit guilt in parallel criminal charges Continue reading →

Beware the Calm Before the Storm! Why Today’s Stable Energy Market Conditions Could Disappear Overnight

It’s part of my job to highlight where Willis thinks the energy insurance markets are headed as we move into 2012. In our most recent Energy Market Review newsletter we’ve highlighted the various factors that are currently contributing to the … Continue reading →