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Risk Management tag returned 1311 results

  • UAE: Daman helps settle salary arrears of scandal-hit healthcare provider

    Government-affiliated insurer, National Health Insurance Co (Daman), has stepped in to pay the February 2020 salaries of employees of scandal-hit NMC Health, touted as the UAE's largest private healthcare company.

    Middle East | 26 Mar 2020
  • Environmental insurance may not cover coronavirus-related disinfection costs

    It is often common for businesses to assume that infectious diseases such as COVID-19 are covered under environmental insurance policies and can be used to offset costs for disinfecting contaminated properties such as office buildings, cruise ships, restaurants, hotels and theatres - which had hosted suspected or confirmed coronavirus patients.

    AIRPlus | 25 Mar 2020
  • Maersk has a $27bn dollar exposure to slowdown in Chinese economy

    Maersk has the largest exposure out of all shipping companies to a slowdown in the Chinese economy with $27bn dollar exposure according to analysis conducted by Russell Group.

    Asia Risk | 25 Mar 2020
  • Insurance industry scores poorly on social risk management survey

    A survey of 60 insurance executives conducted by the actuarial firm Finity has found that 62% of the participants believed their organisations were 'a long way behind' the best practices and a further 21% said they were 'doing nothing effective in this area.'

    Asia Risk | 25 Mar 2020
  • COVID-19 response is a landmark in mega risks

    Institute of Operational Risk, England and Wales chapter chairman Dr Jimi Hinchliffe and Institute of Risk Management director of corporate relations Carolyn Williams share candid insights on what COVID-19 really means for risk managers.

    AIRPlus | 24 Mar 2020
  • Taiwan: Life insurers wrestle with high asset risk

    Worsening operating conditions and still-high asset risk increase the headwinds for Taiwan life insurers aiming to shore up capital buffers. But the adoption of more rigid capital policies and slower asset growth should partly offset downward pressure on capitalisation over the coming year, says Taiwan Ratings Corp.

    Asia | 24 Mar 2020
  • Japan: Insurers able to withstand adverse market conditions - AM Best

    Insurers in Japan remain financially stable to weather market volatility given their robust balance sheet fundamentals, despite the recent global equities rout, according to an AM Best commentary.

    Asia | 23 Mar 2020
  • COVID-19 insight: Misinformation could hamper vaccination efforts, increase risk of future pandemic

    Back in December last year, Asia Insurance Review published a story about the risks posed by the vaccination gap - something we feel is relevant in light of current events.

    AIRPlus | 20 Mar 2020
  • Getting your business continuity plan spot on

    With the world in the grip of a pandemic, many companies will see some level of disruption to their business. This could lead to loss of revenue due to lower demand for their products or services or even increased cost due to higher prices to import materials or equipment from alternative sources or regions.

    AIRPlus | 19 Mar 2020
  • Asia Pacific: Fitch revises rating outlook for region's life insurance to negative

    Fitch Ratings has revised the rating outlook for the life insurance industry in Asia-Pacific (APAC), which includes China, Japan and South Korea, to negative from stable, following the coronavirus outbreak and the related impact on the credit quality of life insurers in the region.

    Asia | 18 Mar 2020

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