Ferma rolls out rimap CPD scheme and announces AMRAE equivalence

Ferma rolls out rimap CPD scheme and announces AMRAE equivalence

Ferma rolls out rimap CPD scheme and announces AMRAE equivalence

Ferma has rolled out its continuous professional development (CPD) programme to help those qualified maintain their rimap certification, and announced that AMRAE’s training programmes, as well as those provided by US education provider The Institutes, have been granted equivalence to rimap. Ferma said the CPD programme offers more than 100 days per year of courses, conferences and other activities across…

Firms’ cyber resilience fails to learn lessons of past breaches: survey

Firms’ cyber resilience fails to learn lessons of past breaches: survey

Firms’ cyber resilience fails to learn lessons of past breaches: survey

Only 13% of company executives across the world are confident that their firm has acted on lessons learnt from cyber breaches, according to a new survey by The Economist Intelligence Unit (EIU) and Willis Towers Watson. The survey also finds that European respondents believe a dedicated team should oversee cyber risk management, while those in other parts of the world…

GDP at risk from geopolitical and security threats in leading cities up 16%

GDP at risk from geopolitical and security threats in leading cities up 16%

GDP at risk from geopolitical and security threats in leading cities up 16%

Annual GDP under threat from geopolitical and security risks to the world’s largest cities rose by 16% in the past year, according to research by the Centre for Risk Studies at the Cambridge Judge Business School. Its 2018 Global Risk Index, upon which the Lloyd’s City Risk Index published this week is based, the centre finds that interstate conflict, which…

Man-made risks outstrip nat cat as Lloyd’s research shows $546.5bn annual GDP under threat in leading cities

Man-made risks outstrip nat cat as Lloyd’s research shows $546.5bn annual GDP under threat in leading cities

Man-made risks outstrip nat cat as Lloyd’s research shows $546.5bn annual GDP under threat in leading cities

An estimated $546.5bn of GDP is at risk each year from 22 perils across leading cities, with man-made threats posing greater vulnerability than natural catastrophes, finds Lloyd’s City Risk Index. The new research shows that Tokyo, New York and Manila have the highest exposure, and that boosting resilience would reduce annual GDP at risk in the 279 cities studied by…

RIMS urges countries to adopt revamped ISO 31000 as risk management standard

RIMS urges countries to adopt revamped ISO 31000 as risk management standard

RIMS urges countries to adopt revamped ISO 31000 as risk management standard

RIMS has called for all countries to adopt ISO 31000: 2018 as their national risk management standard, following publication of the revised and updated guidance in February. The risk and insurance management society supports US adoption of ISO 31000 as an American risk management standard, and is encouraging all countries around the world to pursue the same course of action.…

Captives increasingly writing cyber liability, employee benefits and terrorism, says Marsh Report

Captives increasingly writing cyber liability, employee benefits and terrorism, says Marsh Report

Captives increasingly writing cyber liability, employee benefits and terrorism, says Marsh Report

Captive insurance vehicles are rapidly growing in popularity as risk managers seek alternative ways to finance emerging risks their organisations now face, according to Marsh. The broker’s 2018 Captive Landscape Report: 50 Years of Risk Financing Innovation, highlights considerable growth in the last five years in captives writing cyber liability, employee benefits and terrorism coverage. It also points out that…

BCI canvassing response to supply chain resilience survey

BCI canvassing response to supply chain resilience survey

BCI canvassing response to supply chain resilience survey

The Business Continuity Institute (BCI) is now seeking responses to its Supply Chain Resilience Survey, and we encourage our readers to take part in this important piece of research. This November, the BCI will publish its tenth Supply Chain Resilience Report. It includes the results of the survey and analysis of responses. The annual supply chain report, this year supported…

Aon appoints Lambrou as new CEO of commercial global specialties business

Aon appoints Lambrou as new CEO of commercial global specialties business

Aon appoints Lambrou as new CEO of commercial global specialties business

Aon has appointed Lambros Lambrou to the newly-created role of chief commercial officer and CEO of Global Specialties for commercial risk business. Mr Lambrou was previously CEO of Aon Risk Solutions, Australia and has worked in the risk management industry for over three decades. “Global Specialties is a critical element of how we identify and address our clients’ most pressing…

Iran sanctions: it’s still uncertain what will happen, but here’s what could happen

Iran sanctions: it’s still uncertain what will happen, but here’s what could happen

Iran sanctions: it’s still uncertain what will happen, but here’s what could happen

On 12 January this year, US President Trump announced his intention to not renew US sanctions waivers that underpin US participation in the Joint Comprehensive Plan of Action (JCPOA) for Iran if that agreement’s “terrible flaws” are not fixed. President Trump has also said that if he believes fixing the JCPOA is not within reach, he would withdraw from it.…

Parima recruits EB provider Maxis as a partner

Parima recruits EB provider Maxis as a partner

Parima recruits EB provider Maxis as a partner

The Pan-Asia Risk and Insurance Managers Association (Parima) has announced a partnership with employee benefits provider Maxis GBN that will see the two collaborate on a series of events as Maxis looks to expand its captives business across Asia. Under the terms of the partnership, Maxis will be present at Parima’s two regional conferences in 2018, in Bangkok in May…

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