Association News
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IRMSA planning review of five years of risk
Following the launch of the fifth edition of the Institute of Risk Management South Africa (IRMSA) Risk Report in 2019,…
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Nigerian risk association hold credit event
Credit is indispensable in commercial transactions, whether in the financial or non-financial sectors, the Association of Enterprise Risk Management Professionals…
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Airmic welcomes moves to tackle silent cyber but warns of ‘cost implications’ for buyers
Airmic has welcomed moves by insurers to tackle silent cyber that it says should lead to increased coverage and pricing…
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Parima’s Baron supports affirmative cyber but warns insurers on costs
Risk and insurance managers in Asia-Pacific and worldwide are facing tougher renewals with their insurers in coming months than have…
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Smaller companies more likely to be impacted by insurer mergers, says Anra president
Small and medium-sized (SME) companies are most likely to be impacted by the recent swathe of mergers and acquisitions among…
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Total cost of risk up 2.1% in North America as insurance rates rise: RIMS
The average total cost of risk (TCOR) for organisations in North America rose by nearly 2.1% in 2018 primarily due…
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Lloyd’s and Parima attract 50 risk managers to Philippines event
More than 50 risk managers from across Asia attended the latest Lloyd’s-Parima Professional Development Programme at the end of last…
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Awareness and demand for compliance driving captive growth in Labuan
Growing awareness of the benefits of captives among Asian companies, combined with greater scrutiny of how corporations manage their taxation…
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Parima teams up with MAXIS GBN in Beijing for focus on employee benefits
The Pan-Asia Risk & Insurance Management Association (Parima) is this week supporting an event focused on employee benefits for risk…
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RIMS continues Indian expansion with launch of certification programme with Tata AIG
US risk management society RIMS and Indian insurer Tata AIG General Insurance, the joint venture between Tata Group and AIG,…
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South Africa claims to lead the way in ERM
Some 88% of risk professionals in South Africa have reported that their organisations’ enterprise risk management (ERM) programmes are either…
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Labuan IBFC, SRCS and Parima team up to promote captives in Asia
Parima is supporting a conference organised by the Labuan International Business and Financial Centre (Labuan IBFC) and Swiss Re Corporate…
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East African risk managers partner with Serianu to grow local cyber risk talent
In a bid to develop cyber risk talents, the Institute of Risk Management East African region is to partner with…
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Airmic says Ogden rate change to -0.25% will disappoint large commercial insurance buyers
This week’s change to the UK’s Ogden personal injury compensation rate has taken many by surprise and will disappoint large…
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GDPR fines wakeup call for risk managers who must retest plans: Airmic
The two record GDPR fines proposed last week prove that companies must take this risk seriously and are a wakeup…
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Record GDPR fines come as warning to risk managers
Ferma and other observers say the two proposed record General Data Protection Regulation (GDPR) fines announced this week, for British…
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Ferma warns that record BA GDPR fine is sign of ‘intensifying’ regulatory action
British Airways’ (BA) proposed record £183.4 (€204.8m) General Data Protection Regulation (GDPR) fine shows that regulators are getting tougher on…
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African risk management set for boost as Gert Cruywagen heads IFRIMA
African risk management should receive a boost as Dr Gert Cruywagen is elected president of the International Federation of Risk…
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Igrea’s president urges insurers not to ‘overreact’ in hardening market
The new president of Spanish risk management association Igrea, Daniel San Millán, has urged insurers not to “overreact” to hardening…
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New committee elected for IRMSA
The Institute of Risk Management South Africa (IRMSA) recently held its annual general meeting and elected its new executive committee.…