News August 2008 You will find the news of August 2008 on this page. Topics are for instance the HSG public lectures or patents. Calls for principled insurance regulation after credit crisis 27 August 2008. The ongoing subprime mortgage crisis has important implications for global financial service companies highlighting concerns about the stability of financial markets as well as consumer protection, the subject of which is addressed in an award-winning research paper by professors from the University of St. Gallen, Switzerland and the University of Wisconsin-Madison, which analyses and details suggestions for the development of new solvency rules for insurance companies in the European Union, citing the need for better management, greater market discipline and increased transparency over stringent regulations. The HSG visits the Sargans region 26 August 2008. With the start of the Fall Semester on 15 September 2008, the University of St.Gallen (HSG) once more invites the general public to attend its public lectures. The price of the semester pass remains unchanged at CHF 20 and entitles holders to attend all the lectures on a wide range of subjects, including issues from the economy, architecture, climate research, health, history, sociology, literature, music, art and the cinema, psychology/psychiatry, and theology. The “Economy and law explained in simple terms” series continues, this time on the topic of privatization. Again, the HSG presents itself extramurally: after Wil in the spring, it is now the turn of the Sargans region. Programme (in German) Swiss travel more than in the last 15 years 21 August 2008. 2007 will enter the annals of Swiss travel history as a record year. After years of stagnation, the Swiss traveled more last year than they had done in 1992. This is the most important result of a survey of the Swiss population’s traveling behavior that was conducted by the Institute for Public Services and Tourism of the University of St.Gallen.Research reportPatents: important drivers of success 19 August 2008. Innovations and patents make important contributions towards corporate success but remain difficult to value. A survey of 500 Europe-based patent applicants conducted by the Institute of Technology Management at the University of St.Gallen on behalf of PricewaterhouseCoopers reveals the status quo of valuation procedures and methods, as well as the general significance of technologies and patents for companies.