Aon’s 2018 maps show political violence and risk on the rise

Aon’s 2018 maps show political violence and risk on the rise

Aon’s 2018 maps show political violence and risk on the rise

Political violence risk has increased worldwide for the third year in a row, while broader political risk is also up, according to analysis by Aon. The broker’s newly released 2018 political risk, terrorism and political violence risk maps also suggest that the global threat posed by Islamic State (IS) has peaked, with its reach likely to fall in 2018. Political…

Cape Town water crisis places risk management under the microscope

Cape Town water crisis places risk management under the microscope

Cape Town water crisis places risk management under the microscope

While many of the risk reports launched in the past couple of months are global, the Institute of Risk Management South Africa delves deep into the risk management issues facing South Africa’s risk manager community, as Gareth Stokes reports Two near-catastrophic scenarios, one in the private sector and one in government, have placed South Africa’s governance and risk management practices…

Unemployment tops risk list for South Africa

Unemployment tops risk list for South Africa

Unemployment tops risk list for South Africa

Structurally-high unemployment and underemployment tops the risk list for 2018 in South Africa, according to the 2018 Risk Report from the Institute of Risk Management South Africa (IRMSA). Also in its top ten list of risk by impact, revealed today, are unmanageable fraud and corruption, failure of governance, government policy, macroeconomic developments and profound political instability. In terms of most…

Don’t miss out on a trip to Europe

Don’t miss out on a trip to Europe

Don’t miss out on a trip to Europe

Make sure you complete the 2018 risk management survey for risk managers across Africa in order to be automatically entered into the draw to win a trip to Europe.* Our annual Risk Frontiers Africa report has become a must-read for all risk and insurance industry professionals with an interest in Sub Saharan Africa. The report is compiled from extensive interaction…

South Africa facing extreme risks from climate to corruption

South Africa facing extreme risks from climate to corruption

South Africa facing extreme risks from climate to corruption

Extreme weather phenomena, political risk and corporate scandals top the list of risks facing South Africa in the coming year, according to Zanele Makhubo, director, enterprise risk management and business continuity in the public sector, and South Africa Institute of Risk Management regional group chairperson. She said: “The unpredictability of weather patterns due to climate change poses a serious risk…

IRM survey reveals battles ahead for risk managers

IRM survey reveals battles ahead for risk managers

IRM survey reveals battles ahead for risk managers

Shaping corporate culture, proving their value and coming to terms with technological change are some of the key challenges facing risk managers in the comings years, according to research by the Institute of Risk Management (IRM) and key speakers at its recent Risk Leaders 2017 conference. But the good news is risk managers surveyed by the IRM anticipate growing focus…

Use risk management to avoid missing out

Use risk management to avoid missing out

Use risk management to avoid missing out

Too often, European companies miss out on opportunities in Africa because they are worried about the risks and yet they don’t bring risk into the conversation at an early stage of project development. Commercial Risk Africa, Let’s Move Africa and Berwin Leighton Paisner recently held a breakfast seminar in London, bringing together ministers, finance experts and risk managers, as well…

Risk management maturity proves challenging in Nigeria

Risk management maturity proves challenging in Nigeria

Risk management maturity proves challenging in Nigeria

Manufacturing companies are, for a large part, unregulated in Nigeria which many risk managers believe is the reason for the slow development of risk management as a concept within these businesses. Liz Booth met a group of risk managers from the manufacturing sector to discuss the issue Risk management teams among Nigerian manufacturers are at hugely different stages of maturity,…

Dancing to a different tune

Dancing to a different tune

Dancing to a different tune

A changing mindset is required of risk managers of the future as they have to adapt to a fast moving environment in which the challenges fly thick and fast. Relying on history for likely behaviours is not necessarily going to help in a world of political, economic and individual upheaval. Risk managers at the recent Institute of Risk Management South…

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