Risk Management
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Unemployment a ‘ticking timebomb’
After several major risk surveys highlighted the growing risks around youth unemployment, the African Development Bank (AfDB) and its east…
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Anti-money laundering compliance costs on the rise in SA
Anti-money laundering (AML) compliance costs in South Africa have risen 14% to $2.05 billion in the past two years, according…
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Companies must wake up to asymmetrical cyberwarfare, warns White House adviser
Risk managers and their organisations should pay more attention to the threat of “asymmetrical warfare”, which sees large-scale theft of…
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Multinationals struggling to cope with inconsistent cyber regulations: GFIA
Inconsistencies in global cybersecurity regulations are restricting mitigation efforts at multinational companies, according to the General Federation of Insurance Associations…
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Seventy risk managers first to gain certified status in Nigeria
The first cohort of 70 members of the Risk Managers Association of Nigeria (Riman) has achieved Certified Risk Manager (CRM)…
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Risk managers get chance to have their say as nominations open for 2018 awards
Nominations are now open for the 2018 European Risk Management Awards, organised by Ferma and Commercial Risk Europe, with risk…
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Senegal and Belgium team up for port development
Antwerp and Dakar port authorities have signed a five-year deal to strengthen their relationship and trading ties. Antwerp, the second-largest…
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Mozambique receives major bank boost
Mozambique is to receive grants totalling $29m from the African Development Bank (AfDB) to boost agriculture and education. The first…
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Ferma calls for EU-wide database on climate change risks
Ferma has called on the EU to collect and provide better access to climate change risk data, in a position…
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Bermuda insurance sector sees continued growth in 2017
Bermuda registered 58 new insurers in 2017, ranging from captives and long-term re/insurers to special purpose insurers (SPIs), compared to…
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The risks of court choices highlighted in new case
When assessing the potential risks to, and exposures from, potential litigation, it can be important to consider the corporate structure…
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Oil price unlikely to be affected by geopolitical risk in 2018, predicts Maplecroft
Oil prices are unlikely to be impacted by geopolitical risk in 2018, according to risk analysis firm Verisk Maplecroft. It…
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Political risk changing fast across continent
Political risk analysts across Africa are watching and waiting after a series of changes of leadership, which are set to…
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Unemployment high on Africa’s risk list for 2018
David Kaye examines the findings of annual global risk reports from organisations including WEF, Allianz, Marsh and Control Risks The…
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Cape Town water crisis places risk management under the microscope
While many of the risk reports launched in the past couple of months are global, the Institute of Risk Management…
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Harvesting the potential of agriculture
Two years ago, the World Economic Forum pointed to the growing global population as evidence that Africa might become the…
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South African economic crime worst in world
Some 77% of South African companies have reported economic crime, according to a new survey. PwC’s biennial Global Economic Crime…
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Dietary supplements drive increase in European food recalls during Q4 2017
Dietary supplements were behind a 13% increase in European Union food recalls during the last three months of 2017, according…
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Igrea in discussion with market to ‘significantly improve’ claims handling
Spanish risk management association Igrea believes there is significant room to improve claims-handling services and is pressing ahead with a…
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Gender pay reporting becomes business risk
As many will have noticed, organisations reporting their gender pay gap statistics have been creating negative headlines in the press.…