In this 2011 FOX Financial Executives Forum session, personal product line experts from the underwriting and brokerage markets address changes in the insurance industry, personal insurance considerations, a risk management approach to insurance, and family office liability and solutions.
Prudence is required during summer regarding global assets, balancing uncertainties and risks against opportunities presented by low valuations and oversold markets. Japan and the United States offer buying opportunities, while European equities are more exposed to risk. Reducing risk in portfolios may provide a tactical hedge through the soft patch.
The Internal Revenue Service records more than 1 million tax-related cases of identity theft every year, and resolving these cases can be time-consuming. This newsletter identifies typical incidents and explains how to resolve them. It also discusses how intra-family loans can help to transfer wealth.
The financial risks associated with unplanned health care events need to be part of the financial planning process to guard against negative impacts to an investment portfolio or retirement income plan in the event of a catastrophe.
Private foundations face risk scenarios such as breach of contract, fiduciary liability, mismanagement of assets, wrongful acts of trustees, employment practices liability, and even possible kidnapping or extortion of trustees. To protect themselves and the foundation, directors and trustees should insist on appropriate insurance coverage.
This paper considers some of the key risks warranting board of directors' attention in the next year and proposes practical steps to take in response to political risk and the role of emerging economies, supply chain risk and business resiliency, capital investment and project-related risk, cyber risk, and compliance and regulatory risk.
Families of wealth need to work diligently to maintain online privacy to avoid having personal information go astray or be used against them. This includes discussing the appropriate level of privacy as a family, using network privacy settings, limiting personal information available online, and monitoring children's use of social networks.
Best-of-class medical care can be achieved only if all of a patient's caregivers work together across the continuum of care. It is important for patients to understand what should happen during the four key areas of care – case immersion, diagnosis, treatment, and follow-through – because research shows that mistakes occur most often when patients are entering or exiting these stages.
Not all master limited partnerships offer the same level of stability and predictably of current income or growth, and the impact when distributions are materially cut are catastrophic to investment values. Investors who are attracted to the core value proposition of MLPs – income and stability – will most likely benefit from taking a high-quality investment approach to building a portfolio.
Frontier markets are considered to be low-liquidity outsiders beyond developed and emerging markets. They offer the potential for strong long-term returns and diversification benefits at a reasonable level of volatility. However, they come with significant risks that need to be factored into an investment strategy.