A survey conducted by the International Air Cargo Association (TIACA) and Pharma.Aero has revealed that only 28% of participants in the air cargo industry feel they are well prepared to distribute a COVID-19 vaccine once available.
The insurance marketplace is not that far off a $300bn loss year and it is vital reinsurance and insurance-linked securities (ILS) markets price adequately for climate change risk.
The hard insurance market should serve as a wake-up call for risk and insurance managers to refocus their efforts on the basics of the profession: Risks, exposures, mitigation and loss prevention, and how to communicate them.
The insurance industry alone cannot tackle cyber risk and the pooling mechanisms used to cover other systemic risks will offer only a partial solution for it.
UK businesses are more at risk from cyber attacks because of challenges posed by large-scale remote working and poor training.
One in four (25%) UK employees don't reveal their mental health challenges to their employers and nearly a third (31%) say they would not feel comfortable disclosing a mental health issue to their employers.
Paul Arrowsmith will lead the international operations of LL Global -the parent company of LIMRA, LOMA, and Secure Retirement Institute - as Head of International. He will report to Dave Levenson, president and CEO of LIMRA, LOMA, SRI and LL Global.
Manulife has appointed Julie Nestor as its new Chief Marketing & Experience Design Officer, Asia, with effect from 16 October 2020.
AXA XL Insurance has announced appointments for its Asia & Europe Business Unit, following the implementation of its new insurance operating model in October.
The General Insurance Association of Malaysia (PIAM) has announced the appointment of Julie Lean Gim Chong as the CEO designate. There will be a phased handover transition until she takes over the duties of the current CEO Mark Lim Kian Wei on 15 November 2020. Mr Lim will relinquish his post as CEO with effect from 15 November and take on an advisory role until his retirement in mid-January 2021.