Thursday’s third session addressed the D&O risks and insurance issues that globalization poses for U.S. corporations doing business through subsidiaries abroad.  The Panel discussed the issues to keep in mind when placing D&O insurance for a global corporation and its foreign subsidiaries. 

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Read More LIVE PLUS UPDATE: International D&O: Solutions, Not Questions

We have reported previously on moves in the United States to regulate the credit default swaps (CDS) market (our most recent post can be found by clicking here. …
Read More Banks Commit to Clearing House for European Credit Default Swaps

The financial crisis has transformed the risk landscape for insurers and their focus on key risks.  A recently published survey conducted by the Center for the Study of Financial Innovation in association with PriceWaterhouseCoopers indicates that climate change is “[l]osing its urgency as an insurance risk.” …
Read More Climate Change as a Risk Facing Insurers Drops in Importance

A preliminary inquiry is being undertaken into the operations of AIGFP in the UK. AIGFP is a  non insurance subsidiary of AIG and investigations will not touch upon the insurance operations of AIG in the UK or elsewhere. …
Read More The Serious Fraud Office (SFO) and the Financial Services Authority (FSA) Launches a Preliminary Inquiry into the UK Operations of AIG Financial Products Corporation (AIGFP)