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Risk Management tag returned 990 results

  • South Africa: Insurers name their top 5 risks

    South African insurers see macroeconomic risk as their Number One concern, with contributing factors like weak economic growth, low disposable income and persistent high unemployment levels, said Mr Victor Muguto, long-term insurance leader for PwC Africa.

    Africa | 22 Jul 2019
  • Australia: Insurers list actions needed to reduce risk in building sector

    The Insurance Council of Australia (ICA) says that an agreement between the states and territories on implementing nationally consistent building standards is a step in the right direction, but action is now urgently required to restore confidence in the building and construction sector.

    Asia | 22 Jul 2019
  • Report says formation of independent risk management society is a priority

    An independent risk management society should be set up in China as soon as possible, says a report co-published by the London-based Institute of Risk Management (IRM) and the Research Centre for Risk Management (RCRM) at the Hubei University of Economics.

    China | 19 Jul 2019
  • Survey conducted on risk management courses offered by Chinese universities

    China's universities usually provide the fundamental and compulsory professional risk management courses. Experimental courses in risk management are relatively few and far between, due to the unique application and cost, according to the findings of a survey on risk management education courses in Chinese universities.

    China | 19 Jul 2019
  • South Korea: Regulator advises caution in buying non-KRW insurance products

    The Financial Supervisory Service (FSS) has warned consumers of the risks of foreign-currency denominated insurance products, including dollar insurance, which have been sold by foreign insurance companies such as MetLife, AIA and Prudential Life Insurance.

    Asia | 19 Jul 2019
  • China: Ride-hailing company to work with insurers on accident cover

    Chinese ride-hailing giant Didi Chuxing said yesterday it plans to form a partnership with Chinese insurers to provide accident insurance of up to CNY1.2m ($174,500), reported Reuters.

    Asia | 19 Jul 2019
  • South Korea: Insurers continue to issue bonds to raise capital

    South Korean insurers are continuing to issue corporate bonds to raise funds to prepare for higher capital requirements in preparation for the implementation of International Financial Reporting Standard (IFRS) 17.

    Asia | 18 Jul 2019
  • 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


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