Magazine Table of Contents
Corporate Risk Management
As Arab governments promote SMEs, small business owners should invest in a sound risk management strategy to ensure their resilience amid a challenging business environment.
In the first of a two-part article looking at designing a multinational insurance programme, AIG discusses the merits of a local policy as part of a Controlled Master Program to ensure that a multinational is not left without cover for certain losses in a particular jurisdiction.
Three elements are crucial to the development of a risk management process - understanding the work operations, defining the risk categories to which the entity is exposed and specifying business indicators that allow the effective monitoring of these risks, says Arab Re.