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Risk Management tag returned 1186 results

  • China: Insurance sector risks seen as manageable

    The risks of China's banking and insurance institutions are generally manageable, said a CBIRC official at a press conference earlier this week.

    Asia | 17 Jan 2020
  • Environmental risks dominates top 5 concerns in WEF survey

    For the first time in the World Economic Forum's Global Risks Report survey's 10-year history, environmental risks took the top five spots. Over 750 global experts and decision-makers were asked to rank their biggest concerns in terms of likelihood and impact and 78% said they expect "economic confrontations" and "domestic political polarization" to rise in 2020.

    AIRPlus | 16 Jan 2020
  • US risk modeler predicts $110bn in NatCAT losses for 2020

    Recent (re)insurance renewals were difficult for some: apparently some entities alleged no indication for improvement this year. However, US-based risk modelling and forecasting company AbsoluteClimo expects improvement with below normal risk direction for 2020, with global total losses most likely to meet or exceed $110bn USD and a probability range from $80bn to $164bn - notably better than 2017, 2018 and 2019.

    Asia Risk | 15 Jan 2020
  • Drought in Thailand is expected to worsen in coming months

    Thailand's dry season starts in November and usually lasts through April, although this year authorities say it could go on through June. A drought has been declared in 14 provinces in the central, northern and north-eastern farming regions of the country.

    Asia Risk | 15 Jan 2020
  • 'No doubt' climate change causing wildfires; say experts

    A review of 57 scientific studies by British academics has concluded that global warming is leading to an increase in hot, dry weather around the world that creates the conditions for wildfires to take hold

    Asia Risk | 15 Jan 2020
  • New Zealand: 2019 sees 'meaningful' reduction in road deaths

    The New Zealand Automobile Association (AA)says that there has been the first meaningful reduction in New Zealand's road deaths in years during 2019, even if there is still a long way to go.

    Asia | 15 Jan 2020
  • Oman: New Sultan faces immediate and significant structural challenges

    Oman's newly appointed Sultan has a narrowing window to address the country's fiscal and economic challenges, amid a backdrop of weak oil prices, says S&P Global Ratings.

    Middle East | 14 Jan 2020
  • Australia: 'AAA' sovereign rating deemed safe - S&P

    Australia's pristine 'AAA' sovereign rating is not at "immediate risk" from the fiscal and economic impact of bushfires raging across the country's east coast, reported Reuters citing S&P Global Ratings.

    Asia | 14 Jan 2020
  • Philippines: Threat of volcano eruption looms just weeks after typhoon losses

    The Philippines, one of the most disaster-prone countries in the world, could see a possible volcano eruption happen anytime which will potentially trigger a tsunami according to recent reports citing warnings from seismologists. This comes just weeks after typhoon Phanfone wreaked havoc on Christmas Eve causing PHP1m ($19.7m) worth of damage to crops and infrastructure.

    Asia | 13 Jan 2020
  • Australia: Insurance losses from bushfire crisis reach A$700m

    As the bushfire crisis rages on in Australia, insurance losses currently stand at A$700m ($480.87m) with insurers receiving 8,985 claims to date since September from New South Wales, Victoria, Queensland and South Australia according to the Insurance Council of Australia (ICA).

    Asia | 09 Jan 2020

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