Archive of Risk

27Jan2012
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Risk management links for the week of January 23

Each Friday we provide links to the best online articles and conversations about risk management. If you would like to add to this list, just leave a summary and a link in the comments section. Enjoy the links for the week of January 23, 2012. As determined through hundreds of interviews with global business leaders and experts, income inequality tops the World Economic Forum’s annual list of likely global risks for 2012. Others risks topping the list include bad government balance sheets, greenhouse gas emissions, cyber attacks and water shortages. Erwann Michel-Kerjan, managing director of Wharton’s Risk Management and Decision Processes Center and report co-author, says these risks are not low-probability events and are pretty likely to happen. (Source: US News & World Report) (more…)

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06Jan2012
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Risk management links for the week of January 2

Happy New Year to all those who have devoted themselves to managing risks inherent in running a business, dealing with health issues or making an investment. Here are the best links for the week of Monday January 2, 2012. Based on recent data from the Bureau of Vital Statistics, Mayor Bloomberg announced last week that New Yorkers’ life expectancy is higher than the national rate, attributing this to anti-smoking and ant -obesity campaigns, increasing taxes on cigarettes and calorie-count requirements for fast food restaurants. (more…)

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22Dec2011
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Links for the week of December 19, 2011

The penultimate weekly links round up for 2011 is in for risk management. Happy holidays and happy reading. The New York Times’ David Bornstein reports about progress the Freelancer’s Union has had in providing independent workers with health insurance and retirement savings. According to the article, about 42 million people (or a third of today’s U.S. work force) do not currently have “traditional” jobs. And as things stand, millions of these workers – many of whom have been laid off due to the weak economy – live day by day “without health and unemployment insurance, protection against discrimination and unpaid wages, and pension plans.” Health insurers assume these workers are riskier to insure simply due to the fact that they often lack reliable information about them. Financed with $17 million in loans and grants from social investors, the Freelancers Insurance Company currently covers 25,000 independent workers and their family members in New York State at premiums more than a third below the open market rate. (Source: New York Times) (more…)

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16Dec2011
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Risk Management Links for the Week of December 12

The holidays are right around the corner, but risk management news does not seem to be taking a break. Here are the best risk management links for the week of December 12, 2011: A recent report from Britain’s Financial Services Authority (FSA) addresses the causes of and lessons learned from the demise of the Royal Bank of Scotland (RBS). The report brings to light many vulnerabilities related to the governance processes of the bank. Senior management apparently vigorously pushed back against FSA policies which limit the threshold for risk. The report concludes regulators were too lenient and should have done more to address concerns and ensure proper governance procedures were in place at RBS. (Source: Bloomberg) (more…)

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U.S. Infrastructure Bank – A New Deal for Our Millenials? Thumbnail

U.S. Infrastructure Bank – A New Deal for Our Millenials?

Bob Wolf discusses the risks to the economy if the U.S. fails to upgrade its infrastructure.

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2014: “Big bang” for health product pricing Thumbnail

2014: “Big bang” for health product pricing

SOA board member Alice Rosenblatt discusses the Department of Health and Human Services proposed rules on Standards Related to Reinsurance, Risk Corridors and Risk Adjustment.

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