Concern about terrorism and natural catastrophes has highlighted the need for corporates to have robust travel policies in place to manage what is a complex and multi-faceted risk.
Risk management needs to be properly structured, constantly reviewed and have the backing of senior management to really be effective, according to Dr Jeevan Perera, risk manager at the National Aeronautics and Space Administration (NASA) in the US.
Environmental and social risks pose just as much danger to the continued growth of Asia-Pacific (APAC) businesses as economic factors, yet this link is not fully recognised by business executives in the region, according to a report from Zurich Insurance.
Technology was to the fore at the recent Asia CEO Insurance Conference in Hong Kong. But, as Nicholas Pratt discovers, there is still precious little innovation for corporate insurance buyers and that needs to change.
Health scares such as the Zika virus offer risk managers the opportunity to demonstrate their value by presenting a sensible approach to managing potential crises, as Commercial Risk Asia deputy editor Nicholas Pratt heard during a recent Parima webinar on this fast-rising topic.
Commercial Risk Asia deputy editor Nicholas Pratt talks to Parima board member and Hong Kong-based PCCW risk manager David Ralph about the value of the role for both employer and employee, and the need to promote the value that risk and insurance management can bring to the corporate table.
Corporate risk managers are struggling to identify their major risks and are less prepared to manage them according to research from Aon Risk Solutions. Furthermore, many are underestimating the importance of current emerging risks.
A proposed industry flood insurance pool in the Netherlands could prove to be a much needed breakthrough for commercial buyers, according to a leading broker.
Risk management information systems (RMIS) are becoming an increasingly important tool for risk and insurance managers, both in the internal distribution of risk data to departments within the company and also in external communication with third party suppliers and the insurance market.
December is here, snow may be on its way for some of us, and the Festive Season is fast approaching. And at this time of recession, financial crisis and economic difficulties, we mustn’t forget what Christmas is really about (final preparations for insurance renewals?). It is about wish lists and New Year’s Resolutions. So what will risk managers ask Santa Claus for this Christmas?