New South Wales (NSW) is working on a six-month pilot programme using the innovative 'Building Trustworthy Index', a blockchain-based platform that allows stakeholders such as property buyers, banks, insurers and regulators to review the provenance and quality of materials and contractors used in the construction of buildings.
The World Bank Group has released its "Roadmap for Climate Action in the Middle East and North Africa (MENA)", which runs from 2021-2025. The roadmap aims to drive climate action and a green recovery in the region.
Bank Negara Malaysia (BNM) has commenced a holistic review of the Risk-Based Capital Framework for Insurers and Takaful Operators (RBC/T) to ensure its continued effectiveness to respond to new and emerging risks, as well as to align measurement practices across the insurance and takaful industry.
A recent survey conducted by Chubb Insurance and not-for-profit risk management company TechAssure has highlighted how the COVID-19 pandemic has shaped the technology and life sciences clients' approach to major business challenges and risks.
The Federation of European Risk Management Associations (FERMA) has submitted a final text on Solvency II to the French presidency of European Commission (EC).
Two-thirds of executives participating in a research study said their companies are 'very concerned' about climate change, and 79% believe the world is at 'a climate change tipping point'.
One third of insurance professionals participating in a survey feel gaining the right skills and knowledge to best serve customers is the biggest challenge they face in the year ahead.
The Africa Continental Free Trade Area (AfCFTA) agreement, which took effect in January 2021, gives impetus to insurance companies on the continent to venture into the Ghanaian market to do business, a situation that could pit local insurers against continental giants.
Insurers need to interpret China Risk Oriented Solvency SystemPhase II (C-ROSS II) in combination with other recently published regulatory rules to bring their business to the next level, says the global professional services firm Deloitte.
Most Aussies are insured but their cover may not be right, according to the results of a survey commissioned by insurance giant QBE.