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Risk Management tag returned 1316 results

  • Changes in climate add to unpredictability of pandemics

    Extreme weather patterns could increase the risk of pandemics occurring, according to a climate expert at AIR Worldwide.

    Asia | 30 Mar 2020
  • Hackers exploit COVID-19 crisis

    According to Check Point Software, there have been over 4,000 coronavirus-related domains registered globally since January 2020.

    AIRPlus | 30 Mar 2020
  • Africa: AIO postpones 47th Conference and annual general meeting

    The executive committee of the African Insurance Organisation has postponed the 47th AIO Conference and Annual General Assembly, initially scheduled to be held in Lagos, Nigeria, from 31 May to 3 June, 2020.

    Africa | 30 Mar 2020
  • Macau: Local unit of Taiping Insurance improves capital position

    The risk-adjusted capitalisation China Taiping Insurance (Macau) [CTIM] continued to improve in 2019, mainly driven by organic growth in the company's capital through profit retention, as well as the settlement of large claims and reinsurance recoverables related to prior accident years, notes AM Best.

    Asia | 29 Mar 2020
  • Global: IFSB seeks views on exposure draft on takaful sector transparency

    The Islamic Financial Services Board (IFSB) has issued its "Exposure Draft on a Standard on Disclosures to Promote Transparency and Market Discipline for Takaful/Retakaful Undertakings (ED-25)" for public consultation.

    Middle East | 29 Mar 2020
  • 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

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