Insurers a-go-go!
Article Abstract:
Insurers have developed their own contingency options, integrated risk packages and dual-trigger policies that adopt a holistic risk management approach. Contingency options provide additional capital at a certain point when a company is in crisis. Integrated risk insurance, on the other hand, is a single policy that combines property and casualty exposures with very high coverage limits validated on a long-term basis. Dual-trigger, meanwhile, is used to adjust corporate risk retentions to company performance criteria.
Publication Name: Treasury & Risk Management
Subject: Business
ISSN: 1067-0432
Year: 1997
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Insurer shake up or shakedown?
Article Abstract:
Treasury and risk management professionals are expressing deep concern over the accelerating pace of consolidation in the insurance industry. Such high-profile deals as Cigna's sale of its international property/casualty business to ACE and Chubb's acquisition of Executive Risk are making treasurers and risk managers nervous, as they feel uncertain about the implications of insurance mergers. They claim that consolidation will reduce capacity, undermine personal relationships and hamper price competition.
Publication Name: Treasury & Risk Management
Subject: Business
ISSN: 1067-0432
Year: 1999
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More coverage under one roof
Article Abstract:
Multi-year multiline policies offer extremely high protection limits at sophisticated pricing. They enable treasury officers and risk managers to address more immediate issues as multi-year programs cover many lines of insurance. For example, Huntsman Asst. Treasurer Lee Skidmore bought from Risk Solutions, a three-year insurance policy that incorporates the firm's property and casualty risks, and directors and officers liability insurance.
Publication Name: Treasury & Risk Management
Subject: Business
ISSN: 1067-0432
Year: 1996
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