CRA Risk Management
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Baron’s risk team creates breakthrough GenAI to analyse GP wordings and close gaps
The risk management team at risk International SOS, headed by Franck Baron, have developed a GenAI tool that helps analyse…
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Costs and data key to tackling protection gap: World Bank
The World Bank’s Disaster Risk Financing and Insurance Program (DRFIP) says that to help bridge the protection gap for climate…
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Chubb finds high false sense of security over online payment protection
Young Asian women are some of the most vulnerable to cyberscams on consumers, with Thailand, Philippines and Indonesia identified as…
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Krathon wreaks havoc in Philippines and Taiwan
Taiwan is reeling from another powerful catastrophic event that forced it to effectively shut down for days in the form…
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One-in-three people worldwide exposed to flood risk: Moody’s
More than a third of the world’s population is exposed to flooding, according to Moody’s. In a newly published white…
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SEADRIF parametric payout reaches $3m
Singapore-based SEADRIF Insurance Company has made a record total payout of $3m following the passage of Typhoon Yagi, which caused…
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Kevin Bates steps down from Rims board
Former risk manager Kevin Bates has stepped down from Rims’ board of directors following a job change. Bates will join…
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ADB bullish on developing Asia and Pacific
The Asian Development Bank (ADB) has raised its economic growth forecast for developing Asia and the Pacific this year, amid…
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MAS creates global expert cybersecurity panel
The Monetary Authority of Singapore (MAS) has announced the creation of a Cyber and Technology Resilience Experts (CTREX) Panel. The panel…
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Yagi triggers first humanitarian aid cover
Super Typhoon Yagi, which swept across Asia in recent weeks, has triggered an insurance payout for the International Federation of…
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Digital health sector exposed from growing use of AI
The majority (86%) of global digital health and wellness companies plan to use AI, or increase its use, over the…
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Asian investors call for dialogue with policymakers on physical climate risk
The Asia Investor Group on Climate Change (AIGCC), the group that represents $29trn of funds under management globally, is stepping…
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Hong Kong publishes sustainability standards to align with IFRS
The Hong Kong Institute of Certified Public Accountants (HKICPA) has published Exposure Drafts for HKFRS S1 General Requirements for Disclosure…
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Asian risk managers urged to help ‘demystify’ captives
Captives will continue to gain traction in Asia and worldwide as the message that they are critical risk management tools,…
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Holistic risk management on the rise in India: Pandit
Mrunal Pandit is global head of insurance at Tata Consumer Products, the Indian fast-moving consumer goods company that is part…
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Labuan hosts Asian Captive Conference
The Asian Captive Conference (ACC) 2024, co-hosted by Labuan IBFC and the Labuan International Insurance Association (LIIA), attracted over 200…
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Supply chain transparency under the microscope in China as CSDDD looms
The European Chamber of Commerce in China (ECCC) is hosting a high-profile event on the Corporate Sustainability Due Diligence Directive…
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PwC China hammered with $62m fine
Chinese regulators have hit PwC’s mainland China operation with a six-month suspension and a record fine of 441m yuan ($62m)…
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Risk management: A science and an art
Christine Kempeneers, assistant vice-president – risk management at leading Philippine conglomerate Aboitiz Equity Ventures, took part in a lively debate…
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Asian investors join call for stronger action on climate change mitigation
The Asia Investor Group in Climate Change (AIGCC) has joined a range of other global investor groups to urge governments…