Category: Risk Management
Resilience and sustainability hinge on alignment with long-term risk offsets
To succeed, the insurance industry must align its resilience and sustainability efforts with the long-term global strategies aimed at mitigating evolv [...]
African financial regulators have chance to act and reduce depletion of nature, suggests new report
Financial regulators around the world are recognising that the depletion of nature poses major risks to financial and economic stability: these are ad [...]
2023 continuing run of high nat cat losses, warns Munich Re
The first half of 2023 is a continuation of the recent run of years with high losses, warns Munich Re. While the overall losses of US$110bn were lower [...]
Fire is second top cause of loss of shipping vessels, with figures still climbing
Allianz’s Safety and Shipping Review 2023 reports that fire was the second top cause of loss for shipping vessels last year (after foundering) with ei [...]
Africa, a land of risks and opportunities?
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Risk managers and insurers from across Ivory Coast met recently to discuss the Africa’s risks and opp [...]
South Africa facing same risks for past eight years, warns IRMSA
The risks facing businesses across South Africa are changing relatively little, according to the latest Risk Report from the Institute of Risk Managem [...]
The urgency of proactive infrastructure management: lessons from Johannesburg’s bulk water failure
The disruption of water supplies in numerous Johannesburg suburbs, following significant repair to the Rand Water bulk pipeline, offers a stark illust [...]
New call for fire safety campaign as electrical fires claim more lives
Smoke, fire and flames claim numerous lives every year and it has been reported that almost one-tenth of all fires stem from electrical sources – some [...]
VIDEO: Relationships between insurers and risk managers cannot be under-estimated, warns west African insurer
Mathieu N’katta, a board member of SUNU Assurances Liberia and of SUNU Health Nigeria, as well as vice president of the Ivorian network of Risk and I [...]
Thriving amid uncertainty: to survive, South African businesses must harness effective risk management strategies
In South Africa’s increasingly uncertain operating environment identified by volatility, uncertainty, complexity and ambiguity (VUCA), businesses in S [...]