Global insurance broker WTW has launched a new Asia Pacific Climate Risk Centre (ACRC) in Singapore, which will provide climate risk quantification and management capabilities to support the region’s resilience and transition to net-zero. The launch reinforces the company’s commitment Read More …
Author: RMA INDIA
WTW launches Asia Pacific Climate Risk Centre in Singapore
RBI Issues Comprehensive Directions On IT Governance In Banks, NBFCs
The key focus areas of IT governance will include strategic alignment, risk management, resource management, performance management and business continuity/ disaster recovery management The RBI on Tuesday came out with a comprehensive guideline related to information technology (IT) governance and Read More …
Only 37% of Companies with Low Risk Management Capabilities Recognize How Crucial They Are in Navigating Crises
New BCG Survey Highlights the Value of Mature Risk Management Across All Industries, and What Lagging Organizations Can Learn from Leaders Recent global crises like the COVID-19 pandemic and the Ukraine war have spotlighted the crucial need for mature risk management capabilities Read More …
Aon reveals what’s challenging businesses
People risks intensify all other top business issues Aon has published its 2023 Global Risk Management Survey, revealing the most pressing business challenges this year. The most notable finding is that failure to attract and retain talent made it to the Read More …
Building Digital Trust in AI: A Risk Management Perspective
The exponential growth of AI has ushered in a new era of possibilities, from personalized customer experiences to advanced data analytics. Yet, the very sophistication that makes AI invaluable also makes it opaque. This opacity leads to the trust paradox: Read More …
How AI Is Shaping the future of Risk Management and Compliance
AI is rapidly becoming an essential instrument for businesses around the world, particularly in the realm of risk management and compliance. A recent study by Moody’s, titled “Navigating the AI landscape: insights from compliance and risk management leaders,” highlights this trend, Read More …
Helping companies navigate today’s evolving global ESG regulatory landscape
In recent years, environmental, social and governance (ESG) reporting for companies has moved from a “nice-to-have” to an integral part of corporate strategy. An increasing awareness of the need to address the material environmental and social risks and opportunities against Read More …
12 CLOUD SECURITY ISSUES: RISKS, THREATS, AND CHALLENGES
All companies face security risks, threats, and challenges every day. Many think these terms all mean the same thing, but they’re more nuanced. Understanding the subtle differences between them will help you better protect your cloud assets. What is the Read More …
12 Top Enterprise Risk Management Trends in 2023
The 2023 trends that are reshaping the risk management landscape include GRC platforms, maturity frameworks, risk appetite statements and the CIO’s critical role in promoting ERM. Enterprise risk management has taken center stage as organizations grapple with the lingering effects of Read More …
Approach to Risk Management Uses Knowledge-Based Artificial Intelligence
This paper details experiences gained while developing a novel technology-driven approach to risk assessment methodologies such as process hazard analysis, hazard identification, and hazard operability in oil and gas. From a technology perspective, the advent of AI has often Read More …