Risk Management
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Hong Kong introduces new arbitration rules
Hong Kong law firms are advising companies active in the territory to take a close look at new Adminsitered Arbitration…
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Fast-growing cities in emerging markets most at risk from climate change: Verisk
Advanced and growing economies are firmly split over exposure to climate change risks, according to a new index from Verisk…
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Strong balance sheets for AM Best-rated European captives
European captives rated by AM Best have the highest levels of balance sheet strength assessment and their ratings have been…
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Cyberattacks biggest business risk across east Asia and the Pacific
The risk of a cyberattack is the biggest concern among business leaders in east Asia and the Pacific, according to…
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Cyber tops risk ranking in Europe and North America: WEF report
Cyber security is the top threat facing European businesses in 2018, followed by asset bubble and failure of national governance,…
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AfBD signs trade facilitation deal
The African Development Bank Group (AfDB) has approved a $50m risk participation agreement (RPA) for banking group Natixis, to facilitate…
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Lego wins big copyright case in China
Danish toymaker Lego is celebrating the successful outcome of a copyright court case in China that could have repercussions for…
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Energy gets bank backing for more development
A new portal to encourage investment into Africa’s energy sector, end to end, has been launched by the African Development…
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BCI survey finds cyber risks lead supply chain threat
The number of organisations suffering supply chain disruption has fallen by about 10% during the past 12 months, with unplanned…
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Companies struggling to prepare for Brexit as uncertainty reigns
Just 28% of businesses from the UK, Europe and the rest of the world say they are well or very…
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Risk managers must react fast to avoid becoming business disablers in tech age
If risk managers do not reinvent their role and skills fast enough in the digital age they risk becoming business…
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New German class action mechanism raises liability exposure
Consumer class action proceedings introduced in Germany last week are likely to lead to higher litigation costs for companies and…
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Chubb cyber risk game wins industry award
Chubb has won an award for its cyberattack simulation boardgame, which is designed to help clients and brokers develop their…
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UK pension schemes suffer £39bn fall in October
Last month saw the largest fall in UK pension funds since August 2016 and the largest monthly deficit for a…
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Risk managers urged to focus on sanction risk as US retargets Iran
As the US reinstates tough sanctions on Iran, experts have stressed the importance of keeping sanction risk management strategies up…
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Africa bouncing back with growth forecast for next few years
Recent years have been economically and politically turbulent for Sub Saharan Africa. Growth in the region fell to 1.4% in…
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VW consumers launch class action under new German law
Volkswagen (VW) owners have launched a class action lawsuit in Germany on the same day a new law was introduced…
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Mactavish says many captives failing to meet Insurance Act requirements
Too many captives have failed to adapt to the Insurance Act, which requires them to comply with both its buyer-…
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Ease of doing business in Africa hits new record
Economies in Sub Saharan Africa set a new record for a third consecutive year, carrying out 107 reforms in the past 12…
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Parima pushes sustainability at Tokyo conference
Delegates at the recent Pan-Asia Risk and Insurance Management Association (Parima) conference in Tokyo heard from the high priest of…