Risk Management
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Cross-border deal to reduce risks for small-scale cross-border trade flows in east Africa
The Common Market for Eastern and Southern Africa (COMESA) and the European Union have signed a €15m cross-border trade programme…
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Africa needs FDI and global connections to light up free trade deal
Sub Saharan Africa needs foreign direct investment if its economies are to build, even in an era of continental free…
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Global Reach appoints new compliance and risk officer
London foreign exchange specialist Global Reach Partners has appointed Millie Richardson as chief compliance and risk officer. Ms Richardson joins…
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SSA seeing growth as need for private investment emphasised
Increasing private investment is critical for Sub Saharan Africa to achieve sustainable strong growth in the medium term, with new…
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EC’s collective redress proposals open door for US-style litigation, warns source
An insurance industry insider has added to the list of those concerned about the EC’s proposed collective redress system, claiming…
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Germany approves draft class action legislation in time for ‘dieselgate’ claims
Germany has approved draft legislation to allow US-style class action lawsuits in the country that should give consumers the power…
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Audi identifies new emissions fault as VW CEO charged with fraud
The motor industry has met a new wave of setbacks as Audi identified new emission problems just days after the…
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$400m silicosis class action agreed for South African gold miners
Six South African gold mining houses have agreed a ZAR5bn ($400m) class action settlement with law firms representing thousands of…
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Whistleblowing trend drives D&O concerns
With whistleblowing set to increase throughout Europe following plans recently announced by the EC, companies are advised to keep a…
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Africa is still lagging behind in digitalisation
Weak connectivity, trade infrastructure and knowledge ecosystems have proved to be the main shortcomings in Africa in terms of developing…
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Data still needed if insurers are to price risks better
Risk managers have been warned to provide more data or risk higher prices, as insurers continue to lack information on…
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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…
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Firms must brace for consumer data requests in early days of GDPR
About half of UK consumers will request their personal information from companies within the first six months of the EU’s…
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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…
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Chief risk officer first woman as executive director on Dangote board
Dangote Industries Limited has promoted Dr Adenike Fajemirokun to the role of group executive director, president’s office, where she will take…
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The implications of GDPR for captives
The EU General Data Protection Regulation (GDPR) comes into force on 25 May 2018 and will harmonise data protection rules…
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IRM names new training provider for Nigeria
The Institute of Risk Management (IRM) has accredited Risk Management Consulting Limited (RMCIR) as the first licensed Fundamentals of Risk…
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Insurers face growing talent gap, warn industry leaders
The insurance sector must act to correct a “worrying employment gap” as it struggles to attract top talent, according to…
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Industrial firms must do more to reduce BI risk and claims: HDI
HDI Global has published new guidance to help engineering companies develop business continuity management (BCM) and prevent business interruption claims,…
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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…