AMRAE’s Club FrancoRisk to launch Rimap certification for risk managers in Francophone Africa

AMRAE’s Club FrancoRisk to launch Rimap certification for risk managers in Francophone Africa

AMRAE’s Club FrancoRisk to launch Rimap certification for risk managers in Francophone Africa

Club FrancoRisk, the group launched by French risk management association AMRAE to promote risk management across the 15 French-speaking African nations, is launching a training programme to give African risk managers the opportunity to gain international accreditation through Rimap, Ferma’s certification scheme launched in 2015. The announcement came on the opening day of the AMRAE conference in Deauville, Normandy, at…

Asian risk managers under less pressure on cyber, D&O and climate change than international peers

Asian risk managers under less pressure on cyber, D&O and climate change than international peers

Asian risk managers under less pressure on cyber, D&O and climate change than international peers

Cyber coverage is being extended across Asia-Pacific and big investment is being made in raising awareness of the risk by authorities across the region, but risk and insurance managers still seem unwilling to recognise the need for the cover, according to Franck Baron, chairman of the Pan-Asia Risk Management and Insurance Association (Parima) and group general manager – risk management…

RIMS survey finds average 2% fall in North American risk salaries

RIMS survey finds average 2% fall in North American risk salaries

RIMS survey finds average 2% fall in North American risk salaries

US risk managers saw their average salary fall by 1.7% during the past two years to $118,000, with their Canadian counterparts’ pay down 4% to $101,000, according to the biennial RIMS compensation survey. More senior positions, however, recorded an increase. In analysis of 1,000 risk professional positions across all industries and locations, RIMS said chief risk officer salaries recorded a…

Employers missing a trick by not selling employee benefits to new staff

Employers missing a trick by not selling employee benefits to new staff

Employers missing a trick by not selling employee benefits to new staff

Only 22% of UK employers communicate their employee benefits offering before day one of employment and only 18% before recruitment, according to the latest research from GRiD, an industry body supported by insurers, reinsurers and brokers and designed to promote group risk and provide a collective voice to government, policymakers and stakeholders. GRiD, currently under the chairmanship of Steve Bridger,…

Indian risk managers face tricky year but underlying political stability a plus: IRM

Indian risk managers face tricky year but underlying political stability a plus: IRM

Indian risk managers face tricky year but underlying political stability a plus: IRM

Risk managers in India face many challenges in 2020, such as a slowing economy, rising cyber threat and extreme weather. But the majority gained by the Modi government last year should at least deliver a level of political stability and economic policy consistency not seen in recent times. This should help Indian businesses weather the storm and ensure that the…

Five-year view sees risks materialise for South African companies

Five-year view sees risks materialise for South African companies

Five-year view sees risks materialise for South African companies

The Institute of Risk Management South Africa (IRMSA) has warned that looking back over the past five years, many risks have materialised. IRMSA is about to launch its South Africa Risk Report 2020 – the sixth edition – but said it was disappointing because first, South African and industry risk profiles have remained largely the same; and second, most of…

IRM urges Asia-Pacific risk managers to focus on enabling positive change

IRM urges Asia-Pacific risk managers to focus on enabling positive change

IRM urges Asia-Pacific risk managers to focus on enabling positive change

Risk managers in the Asia-Pacific region need to focus on explaining to senior executives that risk management is an enabler to help achieve objectives rather than blocking progress, according to the Institute of Risk Management (IRM). The IRM’s recently published predictions for 2020 said that Asia-Pacific risk managers must help business leaders understand uncertainty as an important part of working…

AMRAE president criticises insurers for ‘arbitrarily’ reducing capacity as shortfalls emerge

AMRAE president criticises insurers for ‘arbitrarily’ reducing capacity as shortfalls emerge

AMRAE president criticises insurers for ‘arbitrarily’ reducing capacity as shortfalls emerge

The president of French risk management association AMRAE, Brigitte Bouquot, has criticised insurers for “arbitrarily” reducing capacity for clients at recent renewals and warned that buyers now face situations where certain risks cannot be covered. Ms Bouquot is concerned by moves from insurers to reduce capacity without taking into account factors like the quality of risk management, or factoring in…

Risk managers must act to tackle climate change as premiums soar in Australia

Risk managers must act to tackle climate change as premiums soar in Australia

Risk managers must act to tackle climate change as premiums soar in Australia

Australian risk managers, particularly those in the tourism industry, must brace themselves for tough renewals during 2020 as the bushfires that have devastated the country during the last two months continue to rage. A leading tourism association executive warned only last month that any “responsible” risk manager would accept that the mounting evidence of the dramatic impact of climate change…

Swerma president urges insurers to boost innovation as market hardens

Swerma president urges insurers to boost innovation as market hardens

Swerma president urges insurers to boost innovation as market hardens

The president of Swedish risk management association Swerma has called on the insurance industry to improve product development and boost innovation, while encouraging risk managers to up their game as the market hardens. Swerma president Athina Pehrmantold CRE that innovative product development is the number one area in which risk managers would like insurers to improve and put in more…