All News articles
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NewsAustralian government clamps down on class actions
COVID-crisis prompts decision to suspend the continuous disclosure provisions of the Corporations Act for six months
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South Asia at highest risk of civil unrest
Food insecurity a key driver amid economic and social fallout from COVID-19
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COVID-19: The global risk response - IRM
”Why don’t our risk management frameworks [enable] immediate actions rather than leaving the actions for the decision makers?” - Sonjai Kumar
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Refinitiv survey exposes lack of supply chain transparency
COVID-19 is set to have a substantial impact on the risk landscape, particularly in terms of supply chain and third-party risk
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FM Global launches 2020 update to Resilience Index
No Asian country ranked inside the top 30 for their ‘natural hazard risk quality’ and a number of Asian countries fell in 2020 in regards to ‘inherent cyber risk’
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WEF launches COVID-19 Risks Outlook
Economic distress and social discontent will rise unless world leaders, businesses and policymakers work together to manage pandemic fallout
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Lloyd’s pegs COVID losses at $4.3 billion
Estimates total industry losses of $203 billion; claims on a par with 9/11 and the combined impact of hurricanes in 2005 and 2017
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Covid-19 raises pandemic protection gap questions
The answers are likely to lie at government level, with insurance risk pools one option for future pandemics
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PARIMA calls on insurers to treat customers fairly
PARIMA is not in favour of regulators imposing retroactive coverage of claims, but calls for the creation of risk pools for future pandemics
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Philippines flood model launched
The combined impacts of climate change and rapid urbanisation are aggravating flood risk in the Philippines - Guy Carpenter
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Energy sector loss severity is growing
Global energy firms need to address the changing risks of older refineries and petrochemical plants - Marsh
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ICA explores insurance solutions for future pandemics
An Australian pandemic risk insurance pool is one option being mooted by the Insurance Council
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Restart facilities with care - AGCS
20% to 30% of AGCS fire claims are related to the condition of electrical equipment and installations
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JBA rolls out global flood model
Estimates almost 50% of global flood losses can be found in just eight countries in Asia
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COVID-19 will change risk management - IRM
The future will see a sharper focus on resilience and strategic risk management, predicts survey
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COVID-19 biggest shock to the global energy system since WWII
”Energy industry that emerges from this crisis will be significantly different from the one that came before” - IEA
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How to avoid restart risks
Pre-start up safety reviews can help reduce losses when idle facilities are put back into operation - Swiss Re Corporate Solutions
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COVID-19: Firms to invest more in BCP
96% of Singapore businesses to invest more in technology to support remote working and business continuity planning
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RIMS calls for pandemic risk insurance program
91% of RIMS’ US members are supportive of a TRIA-type program for insurance claims relating to losses resulting from a pandemic
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Time to get creative about third-party cyber risk
As use of conferencing technologies grows during the lockdown, organisations should step up attention to their vendor cyber risks - RSA Archer and RiskRecon
