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Guy Carpenter Wins 2006 Oracle(R) Spatial Excellence ''Innovator Award'' For i-aXs(TM) Online Risk Management Platform (Business Wire via Yahoo! Finance)
NEW YORK----June 21, 2006--Guy Carpenter & Company, Inc., the leading global risk and reinsurance specialist and a part of the Marsh & McLennan Companies , today announced that it has been named 2006 winner of the Oracle® Spatial Excellence "Innovator of the Year" Award in recognition of its Gradient Analysis Tool, one of the portfolio management tools offered as part of its revolutionary i-aXs

Towers Perrin acquires risk management consultancy (Consultant News)
The acquisition extends Towers Perrin's risk advisory position in Financial Services, Energy and Utilities. Towers Perrin has acquired the business of Risk Capital Management Partners LLC. Financial details of the deal were not disclosed.

RailAmerica restructures, reduces management (bizjournals.com via Yahoo! Finance)
RailAmerica said it is shifting its organization into three business units, resulting in the immediate elimination of 20 positions, virtually all from upper and middle management.

SOEs urged to pay more attention to risk management By Hu Yuanyuan (China Daily) Updated: 2006-06-21 08:56 (China Daily)
State-owned enterprises (SOEs) should set up a risk management commission to prevent losses and enhance their competitiveness, the State-owned Assets Supervision and Administration Commission (SASAC) urged in a guideline issued yesterday.

Company Interview Excerpt: Jan Egberts - Novadel Pharma Inc (NVD)

Company Interview Excerpt: Mark Fusco - Aspen Technology Inc (AZPN)

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