Search

ABSTRACT To confirm a chapter 11 plan over the objection of a secured creditor, the bankruptcy court must find that the plan treats the secured creditor fairly and equitably by, [...]

Planning a meeting abroad? The best way to mitigate risk is to manage it. Just before 9:30 p.m. local time on Nov. 13, 2015, a trio of suicide bombers approached [...]

Infiniti Research reported it has recently reported the completion of its latest risk management strategy for a manufacturing firm. The group study highlights how Infiniti's risk management strategy helped the [...]

Byline: Rochester Business Journal Staff Accountants, engineers and other professionals who want to hang out their own shingles need to be aware of the risks of working on their own. [...]

Without risk none of us would make any money in the markets, but managing trading risk as a financial executive is a lot more complicated than one might like. Often [...]

The 2007-2009 financial turmoil highlighted the need for more active management of credit portfolios. After measuring portfolio credit risk, an important step toward active risk management is to measure risk [...]

AS OUR CENTENNIAL year comes to a close, our observance of it gave us time to pause and reflect on what RMA means to its members. The past 100 years [...]

LIKE ALL BUSINESSES and all beings, financial institutions and the vendors they partner with must respond to ongoing changes in their environments. The context in which they operate continues to [...]

"Between the extremes of panic and complacency lies the solid ground of vigilance." This statement by Margaret Chan, director general of the World Health Organization (WHO), sums up how we [...]

Implementing an ERM program would be a lot easier if there was a single path to success. Unfortunately, there are as many routes as there are enterprises and finding the [...]

There is an old Zen story about a small fish that went on a long journey to find a Zen master. When at last he found the wise old master, [...]

This article introduces the RMA Operational Risk Management Framework. Why Worry About a Framework? Management frameworks should help organize an area of institutional activity. Good frameworks lay out a comprehensive [...]

WHEN C. MICHAEL BRAE ENTERED THE doors of Oakland's Alien Temple Baptist Church in 1991, he didn't expect to find an opportunity to own his own record label. But as [...]

The credit crisis of 2008 fuelled a global recession that led to falling sales and profits for countless companies. Banks were reluctant to make even short-term loans, and overnight borrowing [...]

* The Situation: One of the greatest corporate dangers comes from the interaction of risks that were thought to be unrelated. * What Needs to Happen: Insurers must use enterprise [...]

Managing Risk in the '90s In 1983, Corey Stein was director of purchasing for the City of Harrisburg, Pa. Stein managed all procurement activities within the city's $50-million budget. Then, [...]

Byline: Kate Berry Concerns that borrowers coulddefault en masse on home equity lines of credit are overblown, according to a report released Thursday by the credit bureau TransUnion. Though some [...]

Byline: Rodd Zolkos A board that wants effective risk management oversight should focus on five key areas, says James W. DeLoach, managing director at Protiviti Inc. in Houston. -- Does [...]

Byline: Reynolds, P. Asset-intensive industries continue to suffer from unplanned downtime, failure to meet planned production rates, and too many safety and environmental incidents. Until companies can manage and mitigate [...]

Byline: MATT DUNNING Effective reputation risk management on a global scale requires a consistent, collaborative effort that encompasses the entire breadth of a company's executive and operational leadership. Unfortunately, reputation [...]

Byline: RODD ZOLKOS As they look to link risk management to their organizations' strategic planning, risk managers are increasingly finding various analytical tools and techniques that help them make better [...]

Byline: RODD ZOLKOS Considering potential threats to an organization's reputation as part of the strategic planning process can help reduce such risks and even position a company to enhance its [...]

Byline: RODD ZOLKOS With the critical role supply chains play in many companies' strategies, supply chain exposures are ideal candidates for consideration in a strategic risk management program. 'It's such [...]

Byline: Judy Greenwald The development of technology may well enhance, rather than supplant, relationships between brokers and insurance buyers. 'The complex and specialty risk will always require personal expertise,' said [...]

Cambrian was badly hit by flood damage six months ago. Thanks to dedicated staff, the firm stayed afloat and is 'very much above' water level. The problem On the 9 [...]

Byline: John J. Hampton My Feb. 19 column in Business Insurance identified three problems with ERM. Two were: Problem 1. Various ERM definitions focus on processes that become complex. Solution: [...]

An informal approach focused solely on traditional oil and gas industry risk may be insufficient in today's business environment. Non-traditional risks can also have serious consequences if not dealt with [...]

Careerists kick-start momentum, push for bigger ideas and create their own opportunities. They have the courage to envision something bigger than themselves, and the audacity to make that vision a […]

Byline: DAVE LENCKUS Risk managers who embark on enterprise risk management plans likely will find their major problems arising in just a handful of areas, according to experts. Most of [...]

Recent economic events and increased regulatory scrutiny have fundamentally shifted how organizations think about risk. Although many organizations have invested in resources to better manage risk, those investments often do [...]

Some 67 insurance and reinsurance chief executives recently signed The Geneva Association's Climate Risk Statement in Canada. Michael Butt, chairman of Axis and co-chair of the association's extreme events and [...]

The journey to better credit risk management can take as long as two years to complete, but Asian banks with limited skill and inadequate information can substantially improve their results [...]

AS MORE ORGANIZATIONS EXPLORE INTERNATIONAL opportunities, gaining an understanding of the political and economic risk climate in global markets is critical. According to Marsh's Political Risk Map 2016, organizations will [...]

Risk is a great board game to play for those who have a few hours to spare and dream of one day conquering the world. But that time is better [...]

Risk management plays a critical role in many organizations. As a result, the department must be aligned with corporate objectives and direction. To that end, the risk management function should [...]

Electricity has long been recognized as a serious workplace hazard, exposing employees to electric shock, electrocution, bums, fires and explosions. According to the Electrical Safety Foundation International (ESFi), electrical hazards [...]

When it comes to crop insurance, the majority of the country has been a bit spoiled in recent years. In addition to covering their cost of production, many farmers have [...]

Planning is one of the most important functions for any manager. The risk manager helps the organization achieve its goals by synchronizing the risk management goals with all other goals [...]

The Office of the Comptroller of the Currency is cautioning national banks to be prudent when implementing new products or services. The OCC issued a bulletin May 10 reminding banks [...]

Everyone loves a shortcut. There's something about finding an easier way to get from Point A to Point B that makes you feel like you're 'in the know' and somehow [...]

Businesses should observe 'five Rs' in order to improve their resilience in the I face of a growing number of risks, according to a new research report. 'Roads to resilience', [...]

T IS THE INTERNAL AUDItor's job to provide management with information about the organization's controls. Identifying risks, assessing their probability and impact, and determining which controls should be in place [...]

I've talked to many dairy producers who have avoided buying put options because of the premium cost. While I am not out to change anyone's mind, I would like to [...]

FSC has worked extensively to ensure that FSC certification is a valuable tool for those obligated under the EU Timber Regulation (EUTR). Operators (first placers of timber or derived products) [...]

Any time there is an economic downturn companies turn to risk management--and enterprise risk management (ERM) in particular--as a way to cope with the uncertainty and the turmoil. But financial [...]

The Consumer Financial Protection Bureau (CFPB) was created in July 2011 to protect consumers in the financial marketplace. As part of its responsibilities, the agency examines credit card issuers to [...]

Colombia's powerful guerrillas, paramilitary groups and wealthy drug lords 'have made the country a sanctuary for homegrown terrorist groups that carry out bombings, extortion, kidnapping and assassination,' according to the [...]