Benvenuti a Roma, Italiaimg.en25.com/Web/AON/Stephen Cross.pdf · Benvenuti a Roma, Italia Stephen...

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Benvenuti a Roma, Italia Stephen Cross Chief Executive Officer Aon Global Risk Consulting

Transcript of Benvenuti a Roma, Italiaimg.en25.com/Web/AON/Stephen Cross.pdf · Benvenuti a Roma, Italia Stephen...

Page 1: Benvenuti a Roma, Italiaimg.en25.com/Web/AON/Stephen Cross.pdf · Benvenuti a Roma, Italia Stephen Cross Chief Executive Officer Aon Global Risk Consulting . Author: Jeff Created

Benvenuti a Roma, Italia Stephen Cross

Chief Executive Officer

Aon Global Risk Consulting

Page 2: Benvenuti a Roma, Italiaimg.en25.com/Web/AON/Stephen Cross.pdf · Benvenuti a Roma, Italia Stephen Cross Chief Executive Officer Aon Global Risk Consulting . Author: Jeff Created

Switzerland

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Italy/Switzerland GDP Growth Rates

Source: TradingEconomics.com

Page 4: Benvenuti a Roma, Italiaimg.en25.com/Web/AON/Stephen Cross.pdf · Benvenuti a Roma, Italia Stephen Cross Chief Executive Officer Aon Global Risk Consulting . Author: Jeff Created

Rome!

Page 5: Benvenuti a Roma, Italiaimg.en25.com/Web/AON/Stephen Cross.pdf · Benvenuti a Roma, Italia Stephen Cross Chief Executive Officer Aon Global Risk Consulting . Author: Jeff Created

Our Audience   Delegates – 90

–  Clients

–  Insurers

–  Business Partners

  Aon Staff – 40

  Companions – 51

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Your Host   Aon Global Risk Consulting

–  Analytical & Actuarial

–  Enterprise Risk Management

–  Risk Finance

–  Risk Control, Claims & Engineering

–  Captive Management

  With more than 2000 risk professionals in 50 countries worldwide

Page 7: Benvenuti a Roma, Italiaimg.en25.com/Web/AON/Stephen Cross.pdf · Benvenuti a Roma, Italia Stephen Cross Chief Executive Officer Aon Global Risk Consulting . Author: Jeff Created

Recap: 2008 Conference in Vienna   Corporate Social Responsibility

  Partnering with SOS-Kinderdorf Children’s Village –  Our goal was to raise sufficient funds to build, staff and support a paint

therapy room for the children

–  Goal exceeded!

–  Together we raised over…

Page 8: Benvenuti a Roma, Italiaimg.en25.com/Web/AON/Stephen Cross.pdf · Benvenuti a Roma, Italia Stephen Cross Chief Executive Officer Aon Global Risk Consulting . Author: Jeff Created
Page 9: Benvenuti a Roma, Italiaimg.en25.com/Web/AON/Stephen Cross.pdf · Benvenuti a Roma, Italia Stephen Cross Chief Executive Officer Aon Global Risk Consulting . Author: Jeff Created

A Message from Eva Ambacher, SOS-Kinderdorf

Page 10: Benvenuti a Roma, Italiaimg.en25.com/Web/AON/Stephen Cross.pdf · Benvenuti a Roma, Italia Stephen Cross Chief Executive Officer Aon Global Risk Consulting . Author: Jeff Created

One Year Later…

Page 11: Benvenuti a Roma, Italiaimg.en25.com/Web/AON/Stephen Cross.pdf · Benvenuti a Roma, Italia Stephen Cross Chief Executive Officer Aon Global Risk Consulting . Author: Jeff Created
Page 12: Benvenuti a Roma, Italiaimg.en25.com/Web/AON/Stephen Cross.pdf · Benvenuti a Roma, Italia Stephen Cross Chief Executive Officer Aon Global Risk Consulting . Author: Jeff Created
Page 13: Benvenuti a Roma, Italiaimg.en25.com/Web/AON/Stephen Cross.pdf · Benvenuti a Roma, Italia Stephen Cross Chief Executive Officer Aon Global Risk Consulting . Author: Jeff Created
Page 14: Benvenuti a Roma, Italiaimg.en25.com/Web/AON/Stephen Cross.pdf · Benvenuti a Roma, Italia Stephen Cross Chief Executive Officer Aon Global Risk Consulting . Author: Jeff Created
Page 15: Benvenuti a Roma, Italiaimg.en25.com/Web/AON/Stephen Cross.pdf · Benvenuti a Roma, Italia Stephen Cross Chief Executive Officer Aon Global Risk Consulting . Author: Jeff Created

My retirement plan!

Me !

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Big Bailouts

 Abbey

 AIG

 Bank of America

 Barclays

 Citigroup

 Chrysler

 General Motors

 HBOS

 HSBC

 Japan Airlines

 Lloyds TSB

 Nationwide

 Royal Bank of Scotland

 Toyota Financial Services

Page 17: Benvenuti a Roma, Italiaimg.en25.com/Web/AON/Stephen Cross.pdf · Benvenuti a Roma, Italia Stephen Cross Chief Executive Officer Aon Global Risk Consulting . Author: Jeff Created

Failures

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Rethinking Risk DVD

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Top 5 Risks   Aon’s Global Risk Management Survey was conducted in

October and November 2008, and is based on responses from 551 organizations in 40 countries

1.  Economic slowdown

2.  Regulatory/legislative changes

3.  Business interruption

4.  Increasing competition

5.  Commodity price risk

Page 20: Benvenuti a Roma, Italiaimg.en25.com/Web/AON/Stephen Cross.pdf · Benvenuti a Roma, Italia Stephen Cross Chief Executive Officer Aon Global Risk Consulting . Author: Jeff Created

The Economic Crash   Regulatory oversight   Bankruptcy   Liquidity issues   Competitors   Talent management – Salary caps   Short selling   Global supply chain   Commodity prices

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 Government

 Regulators

 Rating agencies

 Auditors

 Directors

 Shareholders

 Speculators

Who is to Blame?

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Other Influences  Obama

 H1N1

 Pension fund deficits

 Unemployment risk

Page 23: Benvenuti a Roma, Italiaimg.en25.com/Web/AON/Stephen Cross.pdf · Benvenuti a Roma, Italia Stephen Cross Chief Executive Officer Aon Global Risk Consulting . Author: Jeff Created

For our Captive Owners   Investment portfolio

  Interest rates

 Admissible assets

 Collateral

 Retention levels

 Captive ratings

Page 24: Benvenuti a Roma, Italiaimg.en25.com/Web/AON/Stephen Cross.pdf · Benvenuti a Roma, Italia Stephen Cross Chief Executive Officer Aon Global Risk Consulting . Author: Jeff Created

Conference Speakers

Wealth Management

Risk Management

Disaster Recovery

Risk Accounting

Business Interruption

Trade Credit Data

Specialists

Corporate Social Responsibility

Enterprise Risk Management

Page 25: Benvenuti a Roma, Italiaimg.en25.com/Web/AON/Stephen Cross.pdf · Benvenuti a Roma, Italia Stephen Cross Chief Executive Officer Aon Global Risk Consulting . Author: Jeff Created

Showcase   Monday: Risk Control Regulations

Neil Harrison

Deputy Group Managing Director

Risk Control, Claims & Engineering

  Tuesday: Captive Issues Glenn Weber

Managing Director

Risk Finance & Outsourcing

  Wednesday: Cyber Risk

Grant Foster

Head of Enterprise Risk Management

ERM, United Kingdom

Page 26: Benvenuti a Roma, Italiaimg.en25.com/Web/AON/Stephen Cross.pdf · Benvenuti a Roma, Italia Stephen Cross Chief Executive Officer Aon Global Risk Consulting . Author: Jeff Created

Benvenuti a Roma, Italia Stephen Cross

Chief Executive Officer

Aon Global Risk Consulting