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Risk Management tag returned 1593 results

  • Sharp rise in fraud forecast following COVID

    Over 80% of corporate India fears that business disruptions and uncertainty brought about by the pandemic will lead to rise in fraud cases in the next two years according to Deloitte Touché Tohmatsu India (DTTI) biennial survey. This is 22 percentage point increase over the previous edition of the survey in 2018.

    Asia Risk | 02 Dec 2020
  • Pandemic pools may offer limited benefit to large corporations

    With insurers largely unable to cover pandemics, many countries are considering public-private partnerships (PPP) to help businesses cope with future outbreaks. According to Swiss Re, there are at least 15 PPP pandemic solutions under discussion around the world, including proposals in the US, Canada and Australia.

    Asia Risk | 02 Dec 2020
  • Workforce risk rises to a new high

    Workforce risk is at its highest for five years as COVID-19 takes its toll and it could grow further in 2021 according to International SOS Risk Outlook for 2021.

    Asia Risk | 02 Dec 2020
  • India may become too hot for construction by the 2030s

    India is likely to experience more lethal heatwaves by the 2030s that will make construction and other outdoor work dangerous.

    Asia Risk | 02 Dec 2020
  • Singapore firms anxious about cyber security as remote offices become the norm

    The majority of Singapore businesses are prepared to facilitate remote-work arrangements, but this has also led 58% to believe they are more susceptible to cyber attacks.

    Asia Risk | 02 Dec 2020
  • Falling groundwater levels put South and Central Asia farming at risk

    Around the world, 1.2bn people live in areas where agriculture is severely affected by water shortages and scarcity, and nearly half of them live in South Asia, a recent United Nations report said.

    Asia Risk | 02 Dec 2020
  • South Korea: Fitch says 2021 outlook for life sector is worsening

    The outlook for the Korean life insurance sector in 2021 is worsening, based on an updated definition being employed by Fitch Ratings that takes into consideration underlying fundamentals expected in 2021 relative to actual fundamentals in 2020.

    Asia | 01 Dec 2020
  • South Africa: Aon identifies risk trends

    While volatility is increasing locally and globally, Aon Africa says that it is not seeing an increase in risk-preparedness, exposing businesses to the financial implications of uninsured losses.

    Africa | 30 Nov 2020
  • Hong Kong: Regulator warns insurers against illusions of underlying risk exposure improving

    While the overall underwriting profit in the general insurance sector in Hong Kong rose to HK$624m ($81m) for the first half of 2020 from HK$432m for the corresponding period last year driven by direct business, the Insurance Authority (IA) warns that cautious interpretation is required on the improvement of direct business underwriting profit.

    Asia | 30 Nov 2020
  • Operational technology is vulnerable to cyber attacks

    More than half of manufacturers participating in a new security survey have expressed concern over the security of their operational technology (OT) systems. The new survey conducted by TrapX Security in partnership with the Enterprise Strategy Group (ESG) has revealed that 53% of organisations feel their OT is vulnerable to cyber attacks.

    Asia Risk | 25 Nov 2020

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