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Risk Management tag returned 2865 results

  • Industry-wide risk indicator library launched

    ORX, the largest global association of operational risk professionals, has launched a world first industry-wide risk indicator library for operational and non-financial risk (ONFR).

    AIRPlus | 20 Sep 2023
  • Antarctic sea-ice is alarmingly low

    The sea-ice surrounding Antarctica is well below any previous recorded winter level according to new satellite data. According to experts, this is a worrying new benchmark for a region that once seemed resistant to global warming.

    Asia Risk | 20 Sep 2023
  • Earth's health in danger zone

    A new study has revealed that of the nine boundaries of the planetary boundaries' framework, six boundaries have been transgressed, suggesting that Earth is now well outside of the safe operating space for humanity. Only three important health markers are considered safe.

    Asia Risk | 20 Sep 2023
  • First global industry-wide risk indicator library

    A new industry-wide risk indicator library for operational and non-financial risk (ONFR) has become operational.

    Asia Risk | 20 Sep 2023
  • New Zealand: Motor insurance has the most customer complaints

    In New Zealand vehicle insurance is the number one thing that people complain about to the Insurance & Financial Services Ombudsman Scheme (IFSOS). Vehicle insurance complaints constituted 23% of all complaints the IFSOS investigated in the past year.

    Asia Risk | 20 Sep 2023
  • APAC is becoming more eco-conscious

    Around two-third (64%) of respondents in APAC strongly believe that climate change is an emergency, while 52% of the respondents say they are adapting their activities and purchase behaviour to respond to climate concerns according to a new survey.

    Asia Risk | 20 Sep 2023
  • Regulator shakes up insurance market with revised solvency standards

    On 10 September 2023, the National Administration of Financial Regulation (NAFR) issued the "Notice on Optimising the Solvency Supervision Standards of Insurance Companies" that took immediate effect.

    China | 15 Sep 2023
  • New capital measures for insurers to release estimated funds of at least US$27.5bn into stock markets

    The National Financial Regulatory Administration's (NAFR) new measures to encourage the insurance sector to invest in the domestic stock markets are expected to free up around CNY200bn ($27.5bn) from insurance companies.

    China | 15 Sep 2023
  • Taikang Life is first insurer to win approval to issue perpetual bonds

    The National Administration of Financial Regulation (NAFR) has allowed Taikang Life Insurance to issue perpetual bonds, with the insurer being the first in China to be approved to do so.

    China | 15 Sep 2023
  • China: Several Belt & Road projects fail to prioritise risk management

    A lot of the Belt and Road projects have yet to conduct full risk assessments when it comes to insurance coverage, according to Mr Jia Jingwei, a Hong Kong-based partner at Oliver Wyman, a US-based management consulting firm.

    Asia | 15 Sep 2023