The Indian Government will adopt new technology to help warn citizens, tourists and business people of impending natural disasters in a bid to mitigate their impact.
As French companies look for growth opportunities abroad, many have turned their attention to fast-growing markets with which France has cultural affinities, such as Vietnam in southeast Asia. Those firms seeking the rewards on offer must approach with care and appropriate risk management techniques.
Airmic set to expand technical team, FM names new leaders for Europe, Middle East and Asia Pac and Catlin launches Singapore branch.
The Pan-Asia Risk & Insurance Management Association (PARIMA) was launched at the start of this month at a conference attended by over 140 people in Singapore.
Reports from PwC and Aon Benfield published this week underline the huge potential of the Chinese insurance market but also the fact that foreign insurers and reinsurers must continue to tread carefully as they seek to tap the opportunities.
Risk managers with operations in the Asia Pacific region must raise their game and supply the very best data to the risk transfer industry in order to defend the deployment of global capacity in the region following the spate of natural catastrophes this year, according to a panel debate at the Risk Management Institution of Australasia’s 2011 conference.
Following the news that Guernsey-based companies have been given the green light to float on the Hong Kong stock exchange experts from the island warned brokers this week that many intermediaries are still unaware of the potential advantages of captives for their clients.
Multinational companies that rely on Japanese manufacturers for parts and services need to prepare for a global supply chain disruption that could last up to several months—and, therefore, should conduct a multi-tier analysis to identify the risk, according to international brokers.
EU Health and Consumer Policy Commissioner, John Dalli, has placed product safety top of his agenda in a series of high-level meetings and talks in China this week.
EU businesses involved with importing or selling food and beverage products from China should remain on alert, as they are ‘walking, often blindly, into a potential legal and media storm’, according to Aon Ltd.