Financial Times FT.com

Weighing perils is a heavier burden

By Andrea Felsted

Published: November 18 2008 10:31 | Last updated: November 18 2008 10:31

From the financial turmoil to spiralling commodity prices, companies have never faced so many perils.

The past few months have seen unprecedented events in financial markets, with a specialist in managing risk through insurance, American International Group, finding itself in crisis because of the risks it had taken insuring complex financial products.

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