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Structured products

Insurers play catch-up

Insurance companies around the globe are beginning to look at their own risk management practices and are finding them wanting. As a result, many firms are beginning to upgrade their risk procedures.

A cost/benefit approach to Basel II

The cost of implementing Basel II could put banks at a competitive disadvantage compared with non-banks, and spur them to ‘de-bank’ to avoid this regulatory burden. Harry Stordel and Andrew Cross say regulators must look at the provisions from a cost…

Weaving an integrated solution

A treacherous credit environment and growing awareness of the danger of credit and market risk correlation have convinced financial institutions that they need to evaluate these exposures together. To get a unified view, will they need to adopt unified…

Industry On Alert

A joint finance-technology-government effort to safeguard the market infrastructure has already resulted in a secret command center and preliminary guidelines for industry-wide best practices.

Chief risk officers

Risk is the business of insurance companies, but risk management in the sector is not nearly as developed as it is in the banking industry. Now, a new crop of chief risk officers will be trying to change all that.

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