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Risk Management tag returned 915 results

  • Asia Pacific: Region to see captive insurer growth

    Captive domiciles in Asia-Pacific will thrive as the region's small and medium-sized enterprises bring about increased growth to economies, stated AM Best in a recent report. As businesses seek new and more sophisticated ways of risk management and control in growing economies, AM Best expects to see significant growth of captive formations in Asia-Pacific domiciles as Singapore, Labuan and the Federated States of Micronesia continue to stand out as established captive domiciles.

    Latest News | 21 May 2019
  • New blockchain-based reinsurance partnership to bring greater efficiency

    Digital reinsurance transactions could be made even more efficient via a collaboration between reinsurance brokers, Guy Carpenter and Aon's Reinsurance Solutions business. Leveraging advancements in blockchain and distributed ledger technology, the project is now progressing to the next phase of development which seeks to digitise the reinsurance placement process.

    Latest News | 16 May 2019
  • Critical flaw in IoT devices uncovered

    Researchers at North Carolina State University in the US have discovered a systemic design flaw in 'smart home' devices, typically Internet-of-Things (IoT) devices that are of an always-on, always-connected nature.

    Asia Risk | 15 May 2019
  • Insurers must respond to customer concerns around emerging-risk coverage

    The World Insurance Report 2019, published by Capgemini and Efma reveals that policyholders are increasingly concerned that their insurance coverage has become insufficient for emerging risks, from cybersecurity to environmental threats.

    Asia Risk | 15 May 2019
  • Cyber risk heightens as more companies move to the cloud

    As more companies migrate to the cloud, the risk landscape has seen an increased surface area for cyber security risk according to Horangi Cyber Security CEO and founder Paul Hadjy who was speaking at the Asia Cyber Risk Summit 2019 organised by Asia Insurance Review.

    Asia | 15 May 2019
  • China: Reinsurer to launch products to directly cover BRI-related risks

    China Re plans to launch the 'first domestic political violence insurance' to cover Chinese businesses involved in the construction of the Belt and Road Initiative (BRI) across the globe.

    Asia | 14 May 2019
  • Australia: Risk readiness at all time low as businesses face increasing market volatility

    Economic slowdown and volatile market conditions have led to the lowest levels of global risk readiness in 12 years, impacting the C-suite's ability to manage volatility and maximise performance, according to findings from Aon's 2019 Global Risk Management Survey.

    Agents | 13 May 2019
  • Sri Lanka: Travel insurance to drive tourism after bombings

    Following the Easter Sunday attacks in Sri Lanka last month, tourism took a massive hit with estimated losses amounting to $1.5bn and a significant number of travel advisories issued against visiting the country. Seeking to attract tourists once again, tourism minister John Amaratunga said that the government is planning a travel insurance for tourists and will work out the quantum, reported local publication EconomyNext. He also said that the industry has suggested $100,000 to $150,000 of cover for the insurance which has already received cabinet approval.

    Asia | 09 May 2019
  • Taiwan: Locally developed app helps patients identify medicines

    Targeting patients who are likely to consume the wrong medication due to confusions over similar-looking medicines, a new smartphone app called AIGIA Pharmacist can identify 400 commonly used drugs and medications in Taiwan with the assistance of a drug-photographing device.

    Asia | 09 May 2019
  • Actuaries rank climate change as the top risk for 2019

    The 12th annual survey of emerging risks conducted by the Canadian Institute of Actuaries, Casualty Actuarial Society, and Society of Actuaries has ranked climate change as the top risk for 2019.

    Asia Risk | 08 May 2019

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