Energy-related risk manager group launches

Energy-related risk manager group launches

Energy-related risk manager group launches

A new group for oil, gas and renewable energy-related risk managers is being formed by the Institute of Risk Management (IRM). The initiative is launching with a LinkedIn survey, which is open until 2 October, polling the views and concerns of risk managers across the energy spectrum. Project leader Alex Larsen, CEO of Baldwin Global, explained that the survey is…

French risk managers increasingly concerned that budgets are insufficient

French risk managers increasingly concerned that budgets are insufficient

French risk managers increasingly concerned that budgets are insufficient

French risk managers are being entrusted with more responsibilities than ever before but a growing number say budgets are not sufficient to carry out their work, finds the newly published Risk Management Barometer by France’s risk management association AMRAE. The study, published every two years, sheds light on the profile of risk managers in France. It finds that wages are…

Risk manager finalists of European Risk Management Awards named by Ferma and CRE

Risk manager finalists of European Risk Management Awards named by Ferma and CRE

Risk manager finalists of European Risk Management Awards named by Ferma and CRE

The finalists of this year’s European Risk Management Awards’ Excellence in Risk Management categories, which aim to reward and promote best practice within the risk management community, have been announced. The winners will be named alongside those from the Excellence in Customer Service and Individual Achievement categories at the European Risk Management Awards, jointly hosted by Commercial Risk Europe and Ferma, on…

German risk managers upping game to meet the big risks

German risk managers upping game to meet the big risks

German risk managers upping game to meet the big risks

German risk managers taking part in our European Risk Frontiers survey identified economic, political and social uncertainty as the main risks currently facing German companies as they, along with all other companies in Europe, rapidly work out how to cope with the changing conditions in which their companies operate. The fundamental job of the risk manager is to try and…

Time management and knowledge key to success for risk managers

Time management and knowledge key to success for risk managers

Time management and knowledge key to success for risk managers

The rapid pace of the modern economy means that risk managers need to be knowledgeable, flexible and agile to stay ahead of the game. Risk managers can no longer sit at their desks and rely on tried and tested systems and processes to help their organisations cope with whatever the market throws at them. Tight cost control is critical in…

New COSO ERM framework welcomed by risk managers

New COSO ERM framework welcomed by risk managers

New COSO ERM framework welcomed by risk managers

The risk management community has welcomed a key update to the enterprise risk management (ERM) framework from the Committee of Sponsoring Organizations of the Treadway Commission (COSO). The newly published framework updates the existing version dating back to 2004. RIMS said the new Enterprise Risk Management – Integrating with Strategy and Performance framework recognises how far ERM has developed during…

Finalists of European Risk Management Awards announced

Finalists of European Risk Management Awards announced

Finalists of European Risk Management Awards announced

The finalists of this year’s European Risk Management Awards’ Excellence in Customer Services categories, which aim to reward and promote best practice and innovation among companies that serve the risk management community, have been announced. Following deliberation by our judging panel of prominent members from European and international risk management associations, a list of finalists for each of the seven…

GVNW forges plans to develop risk management profession

GVNW forges plans to develop risk management profession

GVNW forges plans to develop risk management profession

Alexander Mahnke was recently re-elected as president of the GVNW, along with the rest of the executive board, and intends to use his next term of office to continue efforts to streamline the association and develop the risk management profession. A big part of this effort was the merger between DVS and bfV back in 2016. This has gone well…

Peking University and RIMS partner for risk management education plan

Peking University and RIMS partner for risk management education plan

Peking University and RIMS partner for risk management education plan

RIMS, the US-based risk and insurance management association, has teamed up with China’s Peking University in a bid to make risk management resources more accessible to university students. The university is one of a growing number of colleges to have a dedicated risk management curriculum, while RIMS has spent some effort in the past year to expand beyond its North…

Bigger shocks demand more spend on risk management

Bigger shocks demand more spend on risk management

Bigger shocks demand more spend on risk management

The move towards a connected, smarter world will create more frequent and severe large shocks, suggesting risk management resources will need to increase, according to speakers at this year’s Cambridge Centre for Risk Studies (CRS) annual summit. The so-called smarter world is likely to result in increased complexity and connectivity, as well as greater vulnerability to extreme shocks, according to…

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