Indonesian Insurers Shift Focus from Growth to Risk Management

Indonesia’s insurance industry is increasingly shifting its focus from rapid premium expansion towards improving profitability, underwriting discipline and stronger risk management practices. The change reflects growing recognition among insurers that sustainable growth depends not only on increasing premium volumes but Read More …

South Korea Faces Growing Competition Risk Challenges

South Korean businesses are facing increasing competition-related pressures as losses arising from market rivalry and strategic challenges appear to be growing faster than companies’ risk planning capabilities, according to analysis from the insurance sector. The report highlights that organisations are Read More …

RiskScan 2026 Highlights Emerging Risks and Resilience

RiskScan 2026 has brought together industry professionals to examine emerging risks, evolving challenges and strategies for building stronger organisational resilience. The initiative focuses on improving understanding of changing risk landscapes and helping businesses prepare for threats that may affect operations, Read More …

Risk Management Is Not Fear Management

Effective risk management is not about creating fear or avoiding every possible uncertainty; it is about helping organisations make informed decisions while balancing opportunities and potential threats. Modern risk management focuses on understanding uncertainty, preparing for challenges and enabling businesses Read More …

AI Risk Management Starts with a Written Policy

As organisations expand their use of artificial intelligence, risk management experts are highlighting the importance of establishing a formal written AI policy before deploying AI tools across business operations. A documented AI policy provides a foundation for responsible AI adoption Read More …

EU Launches Plan to Address Advanced AI Risks

The European Commission has announced a new plan to address the risks and opportunities associated with advanced artificial intelligence, with a focus on strengthening cybersecurity, improving resilience and ensuring responsible AI development. The initiative aims to support the secure adoption Read More …

Aravo Introduces Human-Centred Third-Party Risk Framework

Aravo has launched the Aravo Experience Framework, a new approach to third-party risk management designed to improve collaboration between organisations and their external partners while strengthening risk controls. The framework focuses on creating a more human-centred experience for managing third-party Read More …

Somalia Launches National Cybersecurity Risk Framework

Somalia has launched a National Cybersecurity Risk Management Framework to strengthen the country’s ability to identify, assess and respond to growing cyber threats affecting government institutions, businesses and critical infrastructure. The framework has been introduced as part of Somalia’s efforts Read More …

UNEP FI Develops Sustainability Risk Framework for Banks

The United Nations Environment Programme Finance Initiative (UNEP FI) has developed a new framework to help banks integrate sustainability-related risks into their core risk management systems. The framework is designed to support financial institutions in identifying, assessing and managing environmental, Read More …

AI Quietly Transforms Risk Management

Artificial intelligence is bringing a significant shift in risk management by enabling organisations to move from reactive approaches towards more predictive and proactive decision-making. Traditionally, risk management relied heavily on historical data, periodic reviews and manual analysis. However, the increasing Read More …