Structuring Multinational Insurance Programmes: Fundamental Questions for Directors and Officers to Ask Before they Assume Personal Liability
To indemnify or not to indemnify, is this really the question? This is the issue that global enterprises frequently debate when considering the liabilities of their directors and officers. But this perspective may be more representative of the company’s obligations and may not fully represent that of its directors or officers. What an individual director should be asking is “Am I actually indemnified or am I not?”
The only question that many ask when determining whether to purchase local D&O liability insurance is whether a country’s laws and regulations permit a corporation to indemnify its directors and officers. However, corporations requiring cross-border D&O insurance today need to see beyond the traditional binary questions of “indemnification” versus “nonindemnification.” Indeed, they might consider the more important but often most understated issue of all: what are directors or officers to do should the corporation choose not to indemnify them? Read the report.
Identifying Challenges and Solutions for Multinational Environmental Impairment Insurance Programmes
In recent years, the legal frameworks for environmental protection have been strengthened in many countries, including the US, EU, Australia, China, India and Brazil. This new report by ACE and Clyde & Co analyses the liability implications of these changes for multinational companies and provides a checklist of questions that they should ask when developing a multinational environmental impairment insurance programme. Read the report.
M&A Risk Management: Collateral Liabilities and Solutions
This report discusses how to address collateral responsibilities from an efficient risk transfer standpoint and highlights factors potential purchasers may need to address. Read the report.
ACE Podcast Series: How Commercial Business & Property Owners Can Best Prepare for Hurricanes
Hurricanes can be extremely destructive -- the combination of storm surge, high winds and heavy rain poses serious threats, including property damage, disruption of business operations, and personal injuries and loss of life. ACE’s hurricane podcast series stresses the need for pre-planning and preparation. Listen to the podcasts.
M&A Risk Management: Global Environmental Liability
This paper discusses M&A global environmental liability trends in the context of the exposures they create as well as ways to effectively manage and transfer these risks. Read the paper.
Cloud Computing: Is Your Company Weighing Both Benefits & Risks?
Cloud computing is a landscape-altering technology that is enjoying increasing rates of adoption — often implemented, however, without taking sufficient risk
management precautions. While there are numerous advantages to adopting the cloud, there are also abundant risks, and having a comprehensive risk management plan in place is critical. Read the report.
Europe's Latin American Dance
European companies perceive the region’s long-term economic prospects as bright despite recent economic slowdown. But they must manage many regulatory and political risks, and develop local relationships in order to optimise their opportunities. Read the article.