Insurance Risk Management Consulting News Watch

Here are a couple of  current news stories on Insurance and Risk Management. The publication is in bold, the titles of each follow as a hyperlink to the full story, and we end with a quote that will hopefully help you decide whether you need to skim the whole article at the original source.

From Pensions and Investments; 1 in 2 insurance investment officers heighten risk control

Just over half of insurance company investment officers surveyed said they’re strengthening their risk management practices, and 35% are changing their investment policies and guidelines.

Also, 27% expect to increase their reliance on third-party investment managers, and 14% plan to rely more on third-party consultants, according to the survey of 112 investment officers by Insurance Asset Outsourcing Exchange, an insurance industry research firm.

From P & C National Underwriter: Survey: Insurers Focus Now On Reallocation, Risk Management

Most property-casualty and life insurers find growing and keeping business their biggest challenge and are reacting to the recession by increasing cash allocation and strengthening risk management, a survey finds.

The research was reported by the Louisville, Ky.-based Insurance Asset Outsourcing Exchange, which analyzes and aggregates confidential insurers’ data for exchange participants.

There have also been a few global stories and speeches about risk management that deal directly with the economic crisis, but we do our best to sort through and provide executive level summaries to information that can have direct impact on your business.