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[IMAGE] portal.erisk.com What's New at ERisk.com - 25 January 2002 We've reorganised the content on our website! You'll find all of our award-winning editorial content within the Portal section of the site, where you'll find our News, Community, Reference and Resource sections. Take a moment to explore and let us know what you think Weekly Review In this week's round-up of economic, banking and P?insurance news from an enterprise risk management perspective: more financial pain for Japan; Enron's Ken Lay resigns and Andersen auditor takes the Fifth; concern grows over Argentina; US banks face up to non-performing loans; UK government withdraws airline terrorism coverage; and a study shows under-reserving by P?insurers. Analysis Aviation insurers and reinsurers had their worst year ever in 2001, but it was by no means the first loss-making year for the sector. In this week's analysis , we ask whether the rise in commercial insurance rates - and the spectacular hardening of aviation rates - can help to bring the industry back into financial health. Recent analyses: The bleak future for Argentina's banks ; and the outlook for credit insurers in 2002. Viewpoint A founder member of Merrill Lynch's first market risk group back in the 1980s, Mark Lawrence is now chief risk officer at ANZ, one of Australia's 'big four' institutions. In our latest CRO Profile , he talks to ERisk's Duncan Wood about the changing mandate for risk management, operational risk, and the need for transparency. Still available: ERisk's Sumit Paul-Choudhury on the close scrutiny that companies can expect this year from analysts, auditors and regulators. Research Archive This month, we've added links to the Enterprise Risk Management section of the Research Archive to help you find recent papers on a range of topics, including: the incentive effects of the Basle Capital Accord; correspondent banking fees as an economic capital problem; and the problem of whether risk-adjusted return on capital (RAROC) methodologies might accentuate the credit cycle. Still available: Moody's Stanislas Rouyer on assessing the enterprise risk efforts of financial institutions. Interested in licensing ERisk's content for use on your intranet or website? Contact our syndication team at info@erisk.com ____________________________________ The ERisk Essentials is published every Friday by ERisk.com To subscribe to this newsletter, please register on our website. To unsubscribe, access your account . Your username is the email address where you received this message. If you have forgotten your password, follow this link to reset it. For technical support queries, please email support@erisk.com [IMAGE]
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