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Risk Management tag returned 2052 results

  • Ghana: Local insurers seen as undercapitalised compared to continental rivals

    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.

    Africa | 24 Jan 2022
  • Insurers urged to make dynamic changes to products and assets to benefit from C-ROSS Phase II

    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.

    China | 21 Jan 2022
  • Australia: Around 40% of homeowners confident they have sufficient home insurance

    Most Aussies are insured but their cover may not be right, according to the results of a survey commissioned by insurance giant QBE.

    Asia | 21 Jan 2022
  • Australia: Homeowners could be more ready for Nat CATs

    Many Aussies could be more prepared for extreme weather and natural disasters, according to QBE research. Just a quarter (25.6%) of Australians describe themselves and their homes as prepared or very prepared for natural disaster and weather events. The rest say they're either unprepared (22%), or only somewhat prepared (52%).

    Asia | 20 Jan 2022
  • MENA: Governance practices increasingly important to insurers' financial health

    Middle East and North Africa (MENA) insurance markets have seen robust growth over the last decade. However, according to a new AM Best report, the rate of growth has stalled in the last 18 months primarily due to the impact COVID-19 and volatility in energy prices, attributable largely to the global economic slowdown from lockdown measures and lower demand for oil.

    Middle East | 19 Jan 2022
  • Cyber security budgets could increase by 50% in 2022

    Cyber security budgets of US organisations could increase by as much as 50% in the next 12 months according to nine out of 10 respondents participating in a survey by cyber security firm Kaspersky.

    Asia Risk | 19 Jan 2022
  • Secondary perils take an increasingly larger share of CAT losses

    Secondary peril events are becoming more impactful and generating an increasingly larger amount of insured losses, affecting the bottom lines of personal and commercial lines property underwriters, according to a new AM Best commentary.

    Asia Risk | 19 Jan 2022
  • Rainy days harm the economy

    Economic growth goes down when the number of wet days and days with extreme rainfall go up according to a new study by a team of scientists at Potsdam Institute for Climate Impact Research (PIK).

    Asia Risk | 19 Jan 2022
  • UK banks asked to quantify climate risks

    Beginning 2022 Bank of England (BoE) will incorporate supervision of climate related financial risks into its core supervisory approach.

    Asia Risk | 19 Jan 2022
  • Germany: Call for state action in face of fast-rising risks

    Germany's Federal Association of Wholesale, Foreign Trade, Services (BGA) has said that while recent trade figures show a positive trend in German international business, big potential risks lie ahead, particularly in the supply chain.

    Asia Risk | 19 Jan 2022


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