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Risk Management tag returned 1931 results

  • State-controlled Qingdao P&C insurer to increase capital by US$84m

    Zhonglu Property And Casualty Insurance has become the latest insurer to announce that it is increasing its capital.

    China | 22 Oct 2021
  • Wildfire risk score launched for Europe

    Global risk and reinsurance specialist Guy Carpenter has launched a wildfire risk score (WRS) designed to help clients manage their exposure to the evolving risk of wildfire across Europe.

    AIRPlus | 21 Oct 2021
  • London: Beazley launches Lloyd's first ESG syndicate

    Specialist insurer, Beazley has received in-principle approval from Lloyd's to establish Syndicate 4321 from 1 January 2022. Once fully approved, the syndicate will focus exclusively on offering additional capacity to businesses that perform well against ESG metrics.

    Asia | 21 Oct 2021
  • Australia: SME ombudsman's report says the show must go on

    The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) has been reviewing a proposal by the Australian Amusement, Leisure and Recreation Association (AALRA) to establish a discretionary mutual fund (DMF) as a solution to the critical and immediate need for insurance in the sector.

    Asia | 21 Oct 2021
  • Digital transformation and technology are biggest operational risks

    Digital transformation and technology rank as the biggest concern for global banks and insurers in the 2021 operational risk scenarios report published by ORX, the world's largest operational risk association.

    Asia Risk | 20 Oct 2021
  • Global: Companies need to strengthen cyber controls

    A new report by Allianz Global Corporate & Specialty (AGCS) identified five trends in the ransomware space, although these are constantly evolving and can quickly change in the 'cat and mouse' race between cyber criminals and companies.

    Asia Risk | 20 Oct 2021
  • Global: Third-party cyber risks: A 'glaring blind spot'

    A majority of companies don't have a handle on their third-party cyber risks - risks obscured by the complexity of their business relationships and vendor/supplier networks according to PwC 2022 Global Digital Trust Insights Survey.

    Asia Risk | 20 Oct 2021
  • UK: Nuclear risk pool capacity increased

    The UK nuclear risk insurance pool has increased its capacity to EUR1.2bn ($1.39bn) to comply with new requirements for the nuclear industry to compensate victims of an accident.

    Asia Risk | 20 Oct 2021
  • Thailand: Muang Thai Life receives 'BBB' rating from Fitch for subordinated securities

    Fitch Ratings has assigned a 'BBB' rating to Thailand-based Muang Thai Life Assurance Public Company Limited's (MTL) proposed regulatory compliant Tier-2 subordinated securities to be issued this month. The agency has simultaneously published MTL's Long-Term Issuer Default Rating (IDR) at 'BBB+' with Stable Outlook.

    Asia | 20 Oct 2021
  • Australia: General insurers' association outlines strategic focus for 2022

    The Insurance Council of Australia (ICA), which represents general insurers, has updated its strategic focus for 2022.

    Asia | 20 Oct 2021