Asia Pacific – Page 5
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Analysis
Airmic 2023: Break down siloes - or else
Geopolitical chaos is causing significant cyber and supply chain exposures for organisations. To effectively manage the threats, risk managers must focus on breaking down siloes
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Analysis
SR Q2 2023: Protecting your greatest asset
No risk is an island. And in this complex, interconnected risk landscape we are operating in, no risk department should be either. The health of our organisations and our people depends on building risk cultures that break silos and become truly cross-functional
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Case Studies
Case study: How Marriott Hotels tackled workplace injury spikes in Asia
When Marriott’s Sharon Xu discovered two Asian countries had notably higher employee work injury claims than the rest of the region, she set about investigating why and what could be done to change it.
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Interviews
Franck Baron: why risk management needs a single professional standard
Risk managers across Asia needed a place to bond and so chairman Franck Baron founded PARIMA. Ten years on, he is passing on the reins, but his commitment to binding the industry together remains strong
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Analysis
Western countries are high risk supply chain locations due to forced labour and ESG violations
Risk managers most move beyond near or onshoring to secure supply chains, amid data showing over half of countries globally are high risk
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Analysis
Movers and Shakers - Insurwave, Gallagher Re, Miller, Insurance Council of Australia, Axa XL
The latest appointments news from across the global risk and insurance industries
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Case Studies
How to manage reshoring risks - a US case study
Former pharma risk manager and current P.E. integrated risk leader at Sigma7, Andrew Tait, looks at how reshoring changes the exposures faced by manufacturing companies in the US, and what global lessons can be learnt
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Analysis
Shipping threats are evolving - here’s what risk managers need to know
Shipping losses hit a record low in 2022, but a jump in fires, shadow tanker fleet and economic uncertainty pose new safety challenges
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Opinion
Why risk managers must take stock of their firms’ geopolitical impact
David Claridge, CEO of Dragonfly, explores why companies may be unwitting political actors and how risk managers can deal with the exposures this creates
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Analysis
How climate change is making it more difficult for risk managers to find adequate insurance
As insurers grapple with increasingly frequent and severe natural catastrophes, the insurability of cat risks is being called into question, with worrying implications for risk managers.
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Case Studies
Case study: How parametric solutions allowed Aboitiz Power to insure the uninsurable
Simplicity, pre-defined triggers, and fast payouts are some of the key advantages of a parametric approach to extraordinary Nat Cat risks, says chief risk officer, Annacel Natividad
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Analysis
Political instability is fuelling unprecedented business losses - how to manage the threats
War in Ukraine, tension between China and Taiwan, climate change, conflict in Sudan, and rogue states have all added to the geopolitical risk facing companies. Here’s how risk managers can manage the ever-evolving threats
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Analysis
Risk of financial crisis looms - what it means for firms
Banking system strains and tightened credit supply now pose the greatest threats to the global economy
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Opinion
How SME risk managers can prevent business insurance claims
Danial Cummins, general manager of SafetyCulture Care in Australia, discusses practical tips for SMEs to help reduce their physical risks and improve the safety of their frontline workers.
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Analysis
Supply chains rattled by multi-risk landscape
Pandemic impacts, geopolitical issues, economic risks and cyber threats converge on supply-chain risk decision-makers
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Analysis
What risk managers need to know about tensions in the Strait of Hormuz
The Strait of Hormuz is a vital conduit for transporting crude oil to the rest of the world and a huge, connected risk in global supply chains. Here’s why risk managers should take note of recent tensions
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Opinion
Rethinking risk management in an agile world
To succeed with digital acceleration, risk professionals will need to transition from outdated methods, argues Mary Carmichael, managing director, risk advisory, Momentum Technology
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Analysis
RIMS and PARIMA announce alliance for global risk management standard
Collaboration between global risk management associations will be critical to the profession’s future, said RIMS, as it welcomed risk professionals to RISKWORLD 2023 in Atlanta.
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Analysis
Political risk is growing - how risk managers can prepare
Operating successfully will depend on the ability of companies to proactively manage political risks. A new survey shows how the landscape is shifting, and how risk managers can respond.
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Opinion
The benefits and disadvantages of captive solutions for risk managers
Pierre Perrenoud, board member of various captives, SIRCA, Swiss Insurance and Reinsurance Captive Association shares his views on the risks and advantages of captive solutions