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Risk Management tag returned 983 results

  • Cyber attacks hit businesses hard with nearly $5m losses: Study

    Businesses in China, Japan and India are seeing an estimated average loss of nearly 10% of their revenue due to cyber attacks, revealed a new report from global research initiative titled 'The Cybersecurity Imperative'. In fact, annual losses from cyber attacks globally averaged $4.7m in the last fiscal year with over one in 10 firms losing over $10m. This highlights that most companies across industries and regions are witnessing a greater volume of cyber attacks and higher losses per incident.

    Asia | 17 Jul 2019
  • In summers cyber-criminals work overtime!

    Cybersecurity professionals anticipate that cyber-criminals will be working overtime during this summer, taking advantage of the fact that many employees are taking vacations and/or are working remotely.

    Asia Risk | 17 Jul 2019
  • Sugary drinks connected higher risk of cancer

    Consumption of sugary drinks such as soda and fruit juice is linked to a higher risk of developing certain kinds of cancer, said a recent report.

    Asia Risk | 17 Jul 2019
  • Singapore: IMF team finds insurers in city state have strong capital positions

    Insurance companies in Singapore have strong capital positions, says the IMF in a report following its latest Financial Sector Assessment Program (FSAP) that analysed the country's financial sector.

    Asia | 17 Jul 2019
  • Zimbabwe: Insurers urged to boost capital to keep premiums at home

    Insurers and reinsurers should strengthen their capital positions so as to reduce the outflow of premiums which cost the country millions of dollars each year.

    Africa | 15 Jul 2019
  • Catastrophe modelling firm releases event footprint for Kyushu flooding

    With wide-scale flooding and landslides battering the island of Kyushu in southern Japan and causing extensive damage over the past week, JBA Risk Management has produced a flood event footprint. This includes estimates for flood extents and depths for river flooding as well as surface water (pluvial) flooding and covers affected areas within Kagishima, Miyazki, Kumamoto and Ishikawa prefectures.

    Asia | 12 Jul 2019
  • S&P Global China Ratings publishes maiden rating in domestic market

    S&P Global (China) Ratings, a company wholly owned by S&P Global that produces ratings in the domestic Chinese bond market, yesterday issued the very first rating of a domestic China entity by a local Credit Rating Agency (CRA) that is wholly owned by an international investor.

    China | 12 Jul 2019
  • As shareholders tighten purse strings, insurers chase bond issues

    Insurance companies in China have issued capital supplementary bonds with a value exceeding CNY50bn ($7.3bn) in the first six months of this year, with the amount surpassing the total for the whole of last year.

    China | 12 Jul 2019
  • Insurance fund management body evaluates credit agencies

    The Insurance Asset Management Association of China (IAMAC) has evaluated the comprehensive quality of major credit rating agencies in the country, in order to provide a service to insurance institutional investors.

    China | 12 Jul 2019

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