Claude Penland: Actuary & Partner, Ezra Penland Actuarial Recruitment

ProviderWaters Magazine Readers Rank Moody’s Analytics

The U.S. International Trade Commission said it would report its findings to the U.S. Trade Representative’s office in February.

“We see the Islamic finance market as particularly important, with its current global value estimated at more than $1.1-trillion (U.S.),” says Cima’s John Willsdon. “Islamic finance is becoming much more prominent throughout the financial institutions of the world, rapidly growing from a niche industry to a mainstay of finance.”

Nippon Life, Japan’s largest life insurer by assets, will make the investment through the purchase of 30-year convertible subordinated notes issued by a subsidiary of the German insurer.

Dynamics Inc. has drawn a $35 million investment from Bain Capital Ventures to develop further its virtually fraud-proof credit and debit cards.

Phelan brings more than 25 years of experience in banking and enterprise risk management, having served most recently as CRO for Fannie Mae.

Jules Buxbaum, 52, joined GGT as chief risk officer. He was formerly director of quantitative research at Munich Re.

The World Bank has hired Madelyn Antoncic, former chief risk officer for Lehman Brothers, as its new treasurer>.

Changes to IAS19 will have a “limited” effect on investor attitudes but are likely to accelerate investment de-risking strategies, consultants say.