Cyber remains top of the list for Indian risk managers finds RIMS-Marsh survey

Cyber remains top of the list for Indian risk managers finds RIMS-Marsh survey

Cyber remains top of the list for Indian risk managers finds RIMS-Marsh survey

Large-scale cyberattacks remain the top risk for corporations across India, according to a joint study conducted by Marsh, the world’s leading insurance broker and risk adviser, and RIMS, the North America-based international risk management society. The resulting report, Excellence in Risk Management – State of Risk Management in India in 2019, was published by RIMS and Marsh at the RIMS Risk…

Asian risk managers struggle with new experience of hardening market: Baron

Asian risk managers struggle with new experience of hardening market: Baron

Asian risk managers struggle with new experience of hardening market: Baron

Risk and insurance managers across the Asia-Pacific region are struggling to deal with the new experience of having to deal with a hardening market, according to Franck Baron, president of the Pan Asia Risk & Insurance Management Association (Parima), speaking as it met for its conference in Kuala Lumpur this week. But the increasingly challenging market conditions actually present Parima…

Baron opens Parima conference with call to members to learn language of the c-suite

Baron opens Parima conference with call to members to learn language of the c-suite

Baron opens Parima conference with call to members to learn language of the c-suite

Risk and insurance managers across the Asia-Pacific region need to up their game when in communication with the c-suite and the board, and learn the language of the business as well as risk, so that senior management can better appreciate the value that they bring to the table, said Franck Baron, president of the Pan Asia Risk & Insurance Management…

PARIMA expects 300 delegates at latest event as intangible risks take centre stage

PARIMA expects 300 delegates at latest event as intangible risks take centre stage

PARIMA expects 300 delegates at latest event as intangible risks take centre stage

The Pan-Asia Risk and Insurance Management Association (PARIMA) expects up to 300 delegates to attend its final regional conference for 2019 on 4-5 November, which will be held at the Pullman Kuala Lumpur City Centre Hotel in Malaysia’s capital. PARIMA now has more than 2,000 members representing more than 1,130 companies across the Asia-Pacific region, and has been a real…

MAS maintains focus on fight against cyber risk and urges greater collaboration worldwide

MAS maintains focus on fight against cyber risk and urges greater collaboration worldwide

MAS maintains focus on fight against cyber risk and urges greater collaboration worldwide

The Monetary Authority of Singapore (MAS) is continuing its investment in the fight against cyber risk and crime, to ensure that it is viewed as one of the safest financial centres worldwide and a leader in cyber risk management. Vincent Loy, assistant managing director (technology) at the MAS, recently gave a speech entitled, ‘Building cyber resilience across the financial sector’,…

Singapore minister warns that corporate governance must not stifle innovation

Singapore minister warns that corporate governance must not stifle innovation

Singapore minister warns that corporate governance must not stifle innovation

Corporate governance must be based on outcomes rather than box-ticking to encourage innovation and balanced risk-taking rather than risk aversion, according to Ong Ye Kung, minister for education and board member at the Monetary Authority of Singapore (MAS). Speaking at the recent Securities Investors Association of Singapore’s Global Corporate Governance Conference 2019, Mr Kung said people must also understand that…

Parima teams up with MAXIS GBN in Beijing for focus on employee benefits

Parima teams up with MAXIS GBN in Beijing for focus on employee benefits

Parima teams up with MAXIS GBN in Beijing for focus on employee benefits

The Pan-Asia Risk & Insurance Management Association (Parima) is this week supporting an event focused on employee benefits for risk managers in Beijing, organised by MAXIS Global Benefits Network (Maxis GBN) and its local partner ICBC AXA. Risk and insurance managers in Europe and North America are becoming increasingly involved in the management and transfer of employee benefits, as multinationals…

RIMS continues Indian expansion with launch of certification programme with Tata AIG

RIMS continues Indian expansion with launch of certification programme with Tata AIG

RIMS continues Indian expansion with launch of certification programme with Tata AIG

US risk management society RIMS and Indian insurer Tata AIG General Insurance, the joint venture between Tata Group and AIG, have agreed to jointly develop a RIMS-CRMP Certification prep course to offer risk management training in India. The move forms part of a wider effort by RIMS to expand into the Asia-Pacific region, notably so far focused on India, China,…

Parima holds Manila conference

Parima holds Manila conference

Parima holds Manila conference

Asia’s risk managers gathered in the Philippines to discuss technology disruption, changes in consumer behaviour and the threat of fake news at the latest conference held by the Pan-Asia Risk and Insurance Management Association (Parima). The event, titled Redefining Risks, also gave the association the chance to announce its Competency Framework, a personal benchmarking tool for risk managers. The event,…