Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
On 20 April 2010, hydrocarbons escaped from BP’s Macondo well beneath the Deepwater Horizon drilling rig in the Gulf of Mexico. Gas reached the rig, ignited and caused explosions and a fire. Eleven workers died, 17 suffered serious injuries, and Read More …
Exclusive Guidewire Interview at DevSummit 2026 with The Insurance Times | BFSI Impact Series BFSI Impact Series – Episode 2 | Exclusive Interview with Shri B. C. Patnaik | The Insurance Times BFSI Impact Read More …
Absa Bank has strengthened its credit risk management capabilities through the adoption of advanced analytics and technology solutions aimed at improving risk assessment, decision-making and portfolio management. The initiative reflects the broader transformation taking place in banking, where financial institutions Read More …
Artificial intelligence (AI) and data-driven technologies are expected to significantly reshape the future of risk management by improving risk identification, analysis and decision-making capabilities across industries. The growing availability of data and advancements in AI are enabling organisations to move Read More …
Risk management has become an essential capability for professionals across industries as organisations face increasing uncertainty from economic changes, technology disruption, regulatory developments and operational challenges. Traditionally viewed as a specialised function handled by risk teams, risk management is now Read More …
Very few banks build their AI systems entirely in house. Credit scoring engines, fraud detection platforms, chatbots, document processing tools, and collections analytics increasingly arrive through a vendor relationship, whether a specialised fintech, a large technology provider, or a niche Read More …
The Nigeria Insurers Association (NIA) is focusing on strengthening governance standards and risk management practices within the insurance industry to improve resilience, transparency and confidence among stakeholders. The initiative highlights the growing importance of effective governance frameworks as insurers operate Read More …
The growing adoption of artificial intelligence (AI) across business operations is creating a new category of professional indemnity (PI) risks, as organisations face potential liabilities arising from inaccurate AI outputs, automated decisions and failures in AI governance. Businesses are increasingly Read More …
The State Bank of Vietnam (SBV) is encouraging banks and financial institutions to accelerate the adoption of artificial intelligence (AI) while emphasising the need for stronger risk management frameworks to ensure safe and responsible implementation. The approach reflects the growing Read More …
On 27 February 2025, TARGET Services suffered a major operational incident affecting the infrastructure through which central-bank money, securities and collateral move across Europe. TARGET Services comprise: T2, which processes high-value euro payments; TARGET2-Securities, which provides securities settlement; TARGET Instant Read More …