You would think the ongoing weakness in the credit markets would have hit the insurance market that risk managers face. So far, the market continues on the soft side and that has helped keep the mood positive
With pressures mounting on retirement plans from a growing population of old people and sweeping changes in accounting rules, finance executives in the 2008 Treasury & Risk Retirement Survey seem ready to consider more substantial overhauls to institutions, such as the 401(k)
First, it was FAS 133 and now it is fair valuation rules. But despite this raft of regulation making derivatives usage even dicier than it was already, companies do not seem to be throwing in the towel.
Even though finance executives from midsize companies rank an economic slowdown as their biggest fear. more than one-third of those responding to Treasury & Risk's 2008 Middle Market Survey plan expand their staffs over the next 12 months.