RIMS, the risk management society, has announced that Mr John Phelps, Director of Business Risk Solutions for Blue Cross and Blue Shield of Florida, Inc., will lead the Society as president for the 2013 term, effective 1 January.
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Europeans remain deeply concerned about the economic crisis. When it comes to reducing expenses, they see the greatest potential in the more discretionary areas of dining out, holidays and clothing. By contrast insurance, education and rent are viewed as essential.
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The catastrophe bond and insurance-linked security market delivered investors the third highest annual return of the last decade, according to data from insurance-linked securities, cat bond and reinsurance consultancy Lane Financial LLC.
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