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…

Seize the day – Parima interview

Seize the day – Parima interview

Seize the day – Parima interview

The current era of uncertainty is a great opportunity for Parima and its members to seize the initiative and demonstrate the worth of risk managers. 2017 has begun at a breakneck pace for the risk management community, including the Pan Asian Risk and Insurance Management Association (Parima). The association’s annual congress in Singapore in late November came in the wake…

Singapore government issues call for cyber security experts

Singapore government issues call for cyber security experts

Singapore government issues call for cyber security experts

A new scheme designed to attract more cyber security professionals to the public sector will be introduced later this year by the Singapore government. The Cybersecurity Professional Scheme will start in July and will be managed by the Cyber Security Agency (CSA), the government body charged with overseeing Singapore’s fight against cyber crime. It is one of a string of…

Parima signs three more partners

Parima signs three more partners

Parima signs three more partners

The Pan-Asia Risk and Insurance Management Association (Parima) has recruited a further three additions to its roster of corporate partners.   Singapore-based disaster recovery specialist Belfor Asia, US-based insurer Liberty International Underwriters (LIU) and the Labuan International Business and Financial Centre (Labuan IBFC) join 23 other companies in what the association says is a mission to “create opportunities for education and…

Parima passes 1,000 member milestone

Parima passes 1,000 member milestone

Parima passes 1,000 member milestone

The Pan-Asia Risk and Insurance Management Association (Parima) has announced that its membership has exceeded the 1,000 mark. The milestone has been reached in just over three years, since its inception in late 2013. Membership has accelerated in the last two years, going from 142 in the first quarter of 2015 to 615 the following year and to its current…

Moody’s predicts further political risk for Asia-Pacific sovereigns in 2017

Moody’s predicts further political risk for Asia-Pacific sovereigns in 2017

Moody’s predicts further political risk for Asia-Pacific sovereigns in 2017

The political risk that has negatively affected the credit rating of Asia-Pacific sovereign ratings is unlikely to abate in 2017, according to ratings agency Moody’s. Meanwhile, a leading political risk consultant believes 2017 will be the most volatile year for political risk since the outbreak of World War II. The rating agency’s report, Sovereigns – Asia Pacific: 2017 Outlook –…

Parima conference: Innovating through risk

Parima conference: Innovating through risk

Parima conference: Innovating through risk

With Hong Kong in the grip of fintech fever, it was no surprise that innovation was a noticeable theme of the Parima conference. Hong Kong-based serial entrepreneur Danny Yeung, chief executive of genetic testing start-up Prenetics, was recruited to give the opening address of the conference and give his views on risk in the context of entrepreneurism.

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