Risk Management
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Experts identify likely cyber terror targets
Transport and chemical plants are among the most attractive targets for cyber terrorists, although known terrorist groups are years away…
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Virgin Media warns customers over router hacking risk
Cable broadband provider Virgin Media has told 800,000 of its customers in the UK to change their passwords to protect…
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African cities must prepare for surge in populations
Researchers predict that in 2030, Lagos, Cairo and Kinshasa will each have to support more than 20 million people, while…
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Texas brings in improvements to its captive insurance law
Texas has enacted changes to the Texas Captive Insurance law through the passing of House Bill 1944. According to the…
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Rated captives show strong Solvency II ratios, says Best
Reported Solvency II ratios, the ratio of Solvency II available capital to the Solvency Capital Requirement (SCR), are very strong…
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Dutch risk and insurance community honours Eric Bloem on retirement
The great and the good of the Dutch risk management and insurance community turned up in strength on Tuesday evening…
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Chinese stocks finally gain entry to MSCI index
China has taken a big step towards the economic mainstream after its stocks were accepted into the MSCI global benchmark…
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One Belt One Road key to raising risk management standards in Asia: Parima
The One Belt One Road (OBOR) initiative, China’s ambitious development project designed to coordinate large infrastructure projects in China and…
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Healthy start to a long process for risk management in China: Baron
The Pan-Asia Risk & Insurance Management Association (Parima) is enjoying healthy growth within China, has around 100 members already, this…
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Report turns GDPR focus on insurers
Celent has focused a new report on the impact that EU rules on data protection will have on the insurance…
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Willis Towers Watson starts work on megatrends report
Willis Towers Watson is working on a report to look at the impact of megatrends on the financial system. Commissioned…
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World Bank unveils catastrophe risk financing project for Myanmar
The World Bank has revealed a new project in Myanmar that aims to strengthen the country’s capacity to respond to…
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Ferma publishes guidelines on captive (re)insurance and BEPS
Ferma has issued draft guidelines for captive (re)insurance arrangements in order to ensure a consistent implementation of the Organisation for…
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Takata prepares for bankruptcy after product recall woes
Japanese airbag manufacturer Takata is expected to file for bankruptcy later this month after suffering one of the biggest product…
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Hacker group FIN10 plans more cyber attacks, warns report
Cyber security firm FireEye Inc has warned that a hacking group known as FIN10 is planning more cyber attacks, having…
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UK car manufacturers lobby for Brexit interim deal
A trade group representing UK car manufacturers said Brexit negotiators must secure a transitional deal to ensure the survival of…
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Munich Re establishes protected cell company in Malta
Munich Re Group is reported to have established a protected cell company (PCC) in Malta. According to a report in…
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New model closes gaps in Middle East earthquake risk
Some 30 million people in the Middle East are living in areas at risk of earthquake, according to a new…
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EY appoints Bermuda captive leader
EY in Bermuda has appointed Umer Islam as the new leader of its captive insurance practice. He is Bermuda executive…
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Lloyd’s head of innovation to speak in Botswana
Dr Trevor Maynard, head of innovation at Lloyd’s, is joining an international line-up of speakers at the Risk Frontiers Southern…