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Risk Management tag returned 1625 results

  • Saudi Arabia: Enlarged Walaa aims to increase capital through rights issue

    Walaa Cooperative Insurance Company's directors have recommended an increase in the company's capital through a rights issue.

    Middle East | 13 Jan 2021
  • Political risks - Asia scores better than the western world

    Asia Pacific countries not only managed the pandemic better than the western world in 2020, they are also doing better in terms of political risks according to the latest edition of Aon's Political Risk quarterly.

    Asia Risk | 13 Jan 2021
  • At least 250,000 UK small businesses could fold up without further help

    A record number of small business owners in the UK are planning to close their firms over the coming twelve months, putting the UK on course to lose more than a quarter of a million businesses, according to the latest Small Business Index (SBI) of UK.

    Asia Risk | 13 Jan 2021
  • 50 countries commit to protect 30% of Earth's land and oceans

    A coalition of 50 countries has committed to protect almost a third of the planet Earth by 2030 by halting the destruction of the natural world and slow extinctions of wildlife according to The High Ambition Coalition (HAC).

    Asia Risk | 13 Jan 2021
  • China: Rules for Phase 2 of C-ROSS II set to be released within a month

    The final draft of the set of rules for Phase Two of China. Risk Oriented Solvency System II (C-ROSS II) has been basically decided upon, and the CBIRC is expected to release the rules before the Spring Festival which starts on 12 February, according to industry sources.

    Asia | 12 Jan 2021
  • Vietnam: Insurance association outlines 5-year progress of the industry

    The average annual growth rate of Vietnam's insurance industry for the five years from 2016 to 2020 was about 22%, with the non-life insurance market growing by 13% on average, the life insurance market showing average growth of 28%.

    Asia | 08 Jan 2021
  • Singapore: MS Amlin Underwriting launches Phoenix 1 Re

    MS Amlin Underwriting Limited (MS AUL), a Lloyd's (re)insurer, has announced that MS Amlin Asia Pacific (MS AAP), its Singapore based operation, has launched a local special purpose reinsurance vehicle (SPRV) called Phoenix 1 Re. This is a landmark first locally issued ILS to provide capacity to a local cedant, solely focused on the Pan-Asia region.

    Asia | 07 Jan 2021
  • Navigating cybersecurity in an uncertain world

    Ransomware threat actors continued to innovate both their technology and their criminal modus operandi at a rapid pace during 2020, according to a new report by cyber security firm Sophos.

    Asia Risk | 06 Jan 2021
  • Extreme weather patterns cost the world billions in 2020

    Ten extreme events, influenced by climate change, each caused a damage of $1.5bn or more during 2020 according to a new report by Christian Aid. In fact, nine of these ten catastrophic events caused damage worth at least $5bn each. With most of these estimates based only on insured losses, the true financial costs are likely to be much higher.

    Asia Risk | 06 Jan 2021
  • Land subsidence could affect 20% of global population by 2040

    Land subsidence, which is the sinking of the ground's surface often caused by human activities such as groundwater removal, could impact 635m people globally by 2040, according to a new research.

    Asia Risk | 06 Jan 2021

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