One Belt One Road key to raising risk management standards in Asia: Parima

One Belt One Road key to raising risk management standards in Asia: Parima

One Belt One Road key to raising risk management standards in Asia: Parima

The One Belt One Road (OBOR) initiative, China’s ambitious development project designed to coordinate large infrastructure projects in China and place itself at the centre of global trade and construction, could also play a critical role in raising risk management standards across Asia. This was one of the central points made at the Pan-Asian Risk and Insurance Management Association (Parima)…

Healthy start to a long process for risk management in China: Baron

Healthy start to a long process for risk management in China: Baron

Healthy start to a long process for risk management in China: Baron

The Pan-Asia Risk & Insurance Management Association (Parima) is enjoying healthy growth within China, has around 100 members already, this week holds its first Chinese event in Shanghai and has a good number of registrations, according to the association’s founding president Franck Baron. But the Chinese risk and insurance management community is at the beginning of a long journey. Awareness…

Cyber and new regulations push risk management up APAC insurers’ corporate agenda

Cyber and new regulations push risk management up APAC insurers’ corporate agenda

Cyber and new regulations push risk management up APAC insurers’ corporate agenda

New regulatory and reporting requirements along with a widening range of risks such as cyber are helping to expand the role of the CFO within the Asia-Pacific insurance sector. During AM Best’s recent 11th Asian CFO Summit in Hong Kong, a range of senior insurance market figures from the region told the credit rating agency that the rapid rise of…

CRAsia launches Risk Frontiers Asia 2017 online survey

CRAsia launches Risk Frontiers Asia 2017 online survey

CRAsia launches Risk Frontiers Asia 2017 online survey

Commercial Risk Asia has launched an online poll as part of its Risk Frontiers Asia 2017 survey, an annual study of the latest trends in risk and insurance management, conducted with the help of our partners Generali and Parima. As of today, risk managers can complete the online questionnaire, the results of which will be featured in the finished survey…

Singapore scores high in global talent poll

Singapore scores high in global talent poll

Singapore scores high in global talent poll

Singapore has been ranked as the second best place in the world for attracting, retaining and developing talent, according to the Global Talent Competitiveness Index (GTCI). The index, produced by France-based business school INSEAD, ranked Switzerland as the number one destination, with the UK, US and Sweden making up the rest of the top five. While Singapore was the highest…

Parima and WTW launch Risk Lab education initiative

Parima and WTW launch Risk Lab education initiative

Parima and WTW launch Risk Lab education initiative

The Pan-Asia Risk and Insurance Management Association (Parima) has teamed up with broker Willis Towers Watson (WTW) to launch a series of education programmes designed to further the career of risk and insurance managers working in Asia-Pacific. The Risk Lab initiative was launched at Parima’s recent conference in Manila, where more than 100 delegates were in attendance. In addition to…

Local CEOs promote risk management at Parima’s Manila conference

Local CEOs promote risk management at Parima’s Manila conference

Local CEOs promote risk management at Parima’s Manila conference

The chief executives of two prominent Philippines corporates were the star speakers at the recent Pan-Asia Risk and Insurance Management Association (Parima) conference – the first to be held in the Philippines. Jaime Augusto Zobel de Ayala, chairman and chief executive of Ayala Group, the country’s oldest conglomerate, spoke about the importance of risk management in order to navigate the…

The keys to the kingdom – risk manager profile

The keys to the kingdom – risk manager profile

The keys to the kingdom – risk manager profile

One of the most notable traits of Asia’s growing risk management industry is the eclectic nature of its protagonists. It is rare that anyone responsible for a company’s risk management does not have other responsibilities thrust on their shoulders. In the case of Parikshit Sen Gupta, vice-president, finance for the Shangri-La Group, his work for the Hong Kong-based hotel group…

Insurance is too cheap, says Parima chairman

Insurance is too cheap, says Parima chairman

Insurance is too cheap, says Parima chairman

Franck Baron, chairman of the Pan-Asia Risk and Insurance Management Association (Parima), has taken the unusual step of suggesting that insurance rates are too low. Speaking to Commercial Risk Asia, ahead of the association’s conference in Manila, [see p14] he said risk managers must be prepared to pay the proper price for a proper insurance programme if they are to…

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