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Risk Management tag returned 2207 results

  • Insurers touted as likely contributors to Financial Stability Fund

    Insurance companies, banks or securities firms can be required to submit a certain amount of funds to support China's new Financial Stability Fund, based on their respective asset value, suggests Mr Liu Xiaochun, deputy head of the Shanghai Finance Institute.

    China | 20 May 2022
  • Addressing emerging risk challenges

    A recent survey by RIMS has revealed that integrating emerging risk considerations into an ongoing risk management programme is necessary to avoid future surprises, achieve strategic objectives and deliver long-term value.

    AIRPlus | 19 May 2022
  • MENA: FAIR urges insurers to review technical reserves in the face of inflation challenge

    Insurers have to undertake a review of technical provisions as a necessary task so as to minimise the impact of the current global wave of inflation on insurance activities, according to Mr Mo'men Mukhtar, secretary-general of the Federation of Afro-Asian Insurers and Reinsurers (FAIR).

    Middle East | 18 May 2022
  • Cyber security skills gap contributed to 80% of breaches

    The gap in cyber security skills is not just a talent shortage challenge, it is also severely impacting business, making it a top concern for executive leaders worldwide.

    Asia Risk | 18 May 2022
  • Deepfakes and crypto scams are on the rise

    Cyber criminals are now deceiving victims with deepfakes and crypto scams to access financial and personal information according to Norton Labs quarterly Consumer Cyber Safety Pulse Report sharing the top consumer cyber security insights and takeaways during the first quarter of 2022.

    Asia Risk | 18 May 2022
  • Competition for sea, space, and soil will exacerbate future geopolitical risk

    Rising competition for supremacy over soil, sea, and space will fuel future global geopolitical tensions as nations seek to stake their claims on sea-based borders, previously untapped mineral resources and the all-but-unregulated cosmos according to a new report from global insurance brokers Marsh.

    Asia Risk | 18 May 2022
  • Risk Radar 2022 - major insurance issues to watch out for

    Global Insurance Law Connect (GILC) has launched its fourth annual Risk Radar. The report captures the important legal, regulatory and socio-economic issues facing insurers in each of the 23 countries in which GILC operates.

    Asia Risk | 18 May 2022
  • The role of insurance in reducing income inequality

    Income inequality within countries is negative for social cohesion, economic growth and financial markets. It is also detrimental to most insurance markets, leading to overall lower insurance penetration and reduced household protection according to a new research published in Sigma by Swiss Re Institute.

    Asia Risk | 18 May 2022
  • Insurers disclose some motor insurance data in quarterly solvency reports

    The average annual motor insurance premium charged in the first quarter of this year was in the range of CNY1,000 ($147) to CNY3,000, according to the 1Q2022 quarterly solvency reports filed by 59 property insurers as of 9 May. More specifically, the average auto premium for the 59 companies amounted to CNY2,015.

    China | 13 May 2022
  • Around 4 in 5 insurers post lower solvency ratios in first quarterly reports under new regime

    Over 80% of 155 insurance companies in China that have released their 1Q2022 solvency reports show a decline in solvency ratios as of 31 March 2022 compared to levels in 2021.

    China | 13 May 2022

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