13 January 2015 - US-based risk management consulting company Risk
International has acquried independent property and casualty insurance actuarial service Bartlett Actuarial, the company said on Tuesday.
Some look to their CEO or CFO, but the people who really can provide the knowledge and insight they need are their own company risk
managers or chief risk officers.
But insurance company Risk
Management Partners challenged the consortium, saying the arrangement broke an EU procurement directive.
If a pharmaceutical company risk
manager is well versed in the risks involved in tablet production, having worked at such a plant, but has not done a stint in biopharma and so cannot speak first-hand to risks associated with injectibles and biologicals, she should know to seek out subject-matter specialists in those areas.
Catastrophe risk management company Risk
Management Solutions recently released version 6.0 of its U.S.
CipherTrust RADAR reportedly provides fraud investigators with company-specific information using several approaches - company risk
assessment, which identifies instances of a company's name being used in fraudulent messages; internal threat monitoring, which allows companies to monitor internal IP addresses and domains; real-time alerts; and investigative assistance, which assists fraud investigators in identifying the source of phishing schemes.
Over one quarter of all privately held companies were sued by current or former employees in recent years, according to the Chubb 2004 Private Company Risk
It thoroughly covers the fundamentals of the BV practice area, including the standards, research and its presentation, the financial statements and company risk
analysis, the income approach, the cost of capital, the market approach, the asset approach, valuation discounts and premiums and report writing.
As Wallison suggests, "Given this background, it would not be surprising if independent directors--as a majority now specially constituted by law and regulation--interpreted their mandate as authority to take a more active voice in the assessment of company risk
than had been true in the past." No question about it!
If not addressed during the planning stages, however, not only does the company risk
increasing its indirect tax liability (which directly affects the bottom line), but it might be exposed to potentially hefty customs penalties if the dutiable royalty stream is unreported to the U.S.
DIVERSIFY AWAY COMPANY RISK
: When investing in stocks it is always a good idea to diversify your holdings.