Critical research on current and emerging risk management issues

ACE Progress Reports^SM

Critical research on current and emerging risk management issues

Global Catastrophe Survival Guide: New Challenges to Casualty Risk Management
	Risk managers must come to terms with the changing nature of the catastrophe risks they face as their businesses expand around the globe. This paper discusses new challenges to casualty risk management and highlights the importance of developing effective catastrophe management plans.
Uninsured Motorist and Underinsured Motorist Coverage
	Large national and multinational organizations often seek to reject UM/UIM/PIP coverage or purchase the minimum amount allowable by state. However, each state has differing rules and requirements to document these coverage elections. Risk managers currently spend a significant amount of time and resources documenting and executing their UM/UIM/PIP coverage elections. In order to streamline this process, ACE has developed an online web-based portal that allows a risk manager to answer a series of questions that will facilitate documenting their coverage elections.
Structuring Multinational Insurance Programs: The Emerging Regulatory Challenge to Non-admitted Insurance
	This report discusses three recent regulatory enforcement actions in Brazil, India and the United States, each of which challenges some of the assumptions behind the most common forms of non-admitted insurance.
Pollution: The Unrecognized Risk of Business Operations
	As society grows ever more environmentally aware, a far broader spectrum of enterprises face new, and often unrecognized, pollution risks from their day-to-day operations. This paper discusses the pollution risks faced by businesses, and the range of activities of businesses today that are subject to continually evolving environmental laws and regulations at the federal, state and local level.
Insights into Cross-Border Insurance Regulation in Canada
	The international risk management community is eager to understand how to buy insurance seamlessly, cost-effectively and in a compliant manner for multinational enterprises with risks in Canada. Authored by Suresh Krishnan and Fernand Vartanian, this paper offers insight into cross-border insurance regulation.
Social Media: The Business Benefits May Be Enormous, But Can the Risks - Reputational, Legal, Operational - Be Mitigated?
	In less than a decade, social media, in many ways, seems to have “taken over the world.” This report discusses the risks and benefits of companies engaging in social media as well as solutions for addressing these risks.
Structuring Multinational Insurance Programs: Current Challenges in Argentina, Brazil and Mexico July 2011
	This report discusses how to effectively provide seamless, cost-effective and compliant insurance across national borders to multinational enterprises in Argentina, Brazil, Mexico and other Latin American countries.
Structuring Multinational Insurance Programs: Solvency II and its Potential Impact on Captive Insurance Companies – Considering the Alternatives June 2011
	The sixth in the ACE Progress Report series to focus on various aspects of multinational insurance programs, this report identifies the potential impact of the European Union’s Solvency II regulatory requirements on captive insurance companies, and offers an alternative insurance structure for risk managers of multinational companies to consider.
Structuring Multinational Insurance Programmes: Current Challenges in Australia, New Zealand and the Asia-Pacific Region May 2011
	This report outlines the regulatory and execution challenges involved in purchasing globally coordinated insurance programs, analyzes laws related to “insurable interest” in several Asia-Pacific countries, and includes a checklist of questions that participants in a multinational insurance program should consider when underwriting such a program.
What Does CSA Mean for Commercial Trucking Companies? May 2011
	This article will attempt to clarify important aspects of Compliance, Safety, Accountability Act (CSA), and suggest how to understand their overall impact.
M&A Risk Management: Avoiding Pitfalls, Finding Solutions April 2011
	This white paper is a roadmap to guide private equity firms and corporate M&A dealmakers through the M&A risk identification process and present insurance solutions to mitigate the exposures.
Structuring Multinational Insurance Programs: Addressing the Taxation and Transfer Pricing Challenge February 2011
	Sophisticated buyers of multinational insurance programs expect consistent coverage, superior service and execution certainty; however, taxation and transfer pricing should also be a central component of the design and implementation of a compliant multinational insurance program. This report explores factors that risk managers and their financial colleagues should consider -- with respect to transfer pricing -- when designing and implementing a multinational insurance program.