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Risk Management tag returned 1198 results

  • WHO emergency committee gives risk management recommendations on infectious coronavirus

    Several members of emergency committee convened by the WHO director-general to deal with the outbreak of novel coronavirus 2019 (called 2019-nCoV) in China have considered that it is still too early to declare a Public Health Emergency of International Concern (PHEIC), given its restrictive and binary nature.

    China | 24 Jan 2020
  • Anxious wait for end of Spring Festival to see extent of coronavirus outbreak

    China's economic stabilisation efforts could be at risk if the authorities fail to contain the outbreak of a new coronavirus, economists have warned.

    China | 24 Jan 2020
  • Rules for financial holding companies expected to shake up financial sector

    The final version of the regulation on financial holding companies is expected to be launched soon, after the Lunar New Year holidays, that is expected to reshape the structure and change the ecosystem of the Chinese financial sector, central bank officials say.

    China | 24 Jan 2020
  • Hong Kong: Political risks and violence head Top 10 risks

    Political risks and violence have shot to the top of the risk barometer for Hong Kong, displacing cyber incidents, according to a report by Allianz Global Corporate & Specialty (AGCS). In 2019, political risks and violence did not even rank among the top 10 risks in the territory.

    Asia | 24 Jan 2020
  • Saudi Arabia: Several insurers announce corporate actions

    A number of local insurance companies have in recent days announced proposed mergers among themselves or the reduction of capital to write off accumulated losses.

    Middle East | 23 Jan 2020
  • Australia: Recent hailstorms cause at least A$320m losses

    Earlier this week, bushfire-ravaged Australia was struck by yet another Nat CAT - hailstorms - which resulted in estimated losses of at least A$320m ($218.9m) and over 20,000 insurance claims according to the Insurance Council of Australia (ICA).

    Asia | 22 Jan 2020
  • Turkey: Macroeconomics overtake Nat CAT as top risk to businesses

    Allianz Global Corporate & Specialty (AGCS) has published its 2020 business risk barometer, ranking the risks that businesses around the world, including Turkey, see to be the biggest to their operations over the next 12 months.

    Middle East | 22 Jan 2020
  • Business interruption and natural catastrophes remain top risks amongst China companies - Allianz

    For the third consecutive year, Business Interruption (30% of responses) ranks as the most important business risk for Chinese companies in the ninth Allianz Risk Barometer 2020. Natural catastrophes remain at (#2 with 26% of responses) while rounding up the top three is cyber incidents and market developments tied at the third spot (24% of responses.) The annual survey on global business risks from Allianz Global Corporate & Specialty (AGCS) incorporates the views of a record 2,718 experts in over 100 countries including CEOs, risk managers, brokers and insurance experts.

    Asia Risk | 22 Jan 2020
  • Philippines remains wary of deadly Taal volcano eruption

    The Philippines maintained its second-highest alert for Taal on Sunday (19 January) as the deadly volcano continued to generate weak explosions and earthquakes a week after it started emitting ash and steam.

    Asia Risk | 22 Jan 2020
  • North P&I Club launches new cybersecurity initiative

    North P&I Club has launched a new initiative to help its members better understand their vulnerabilities to cyber risk and improve their cybersecurity ahead of the International Maritime Organisation's (IMO) January 2021 deadline for safety compliance. As part of the initiative, North has partnered with HudsonCyber to offer its members access to the HACyberLogix platform.

    Asia Risk | 22 Jan 2020

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