Chief Risk Officers (CROs) in the insurance sector are increasingly being expected to play a broader strategic role as insurers navigate evolving economic, technological, regulatory, and operational challenges. Industry experts believe insurance CROs in 2026 will need to move beyond Read More …
Tag: AI governance
Insurance CROs focus on resilience and strategic transformation
APRA urges stronger AI risk management in finance sector
The Australian Prudential Regulation Authority (APRA) has called for a significant improvement in artificial intelligence risk management practices across the financial sector, highlighting growing concerns around governance, accountability, and operational resilience as AI adoption accelerates. APRA noted that banks, insurers, Read More …
Korean Insurers Strengthen Capital Strategy Amid Market Pressures
Insurance companies in South Korea are actively strengthening their capital management strategies as they navigate growing financial market volatility and tightening regulatory expectations. The move reflects a broader effort within the industry to enhance financial resilience while adapting to evolving Read More …
Regulators Overhaul Model Risk Management Frameworks
Financial regulators are undertaking a significant overhaul of model risk management (MRM) frameworks, reflecting the growing reliance on complex models and artificial intelligence (AI) in decision-making processes. According to the report, the updated regulatory focus aims to strengthen governance, validation, Read More …
AI Model Risk Management Market Set for Strong Growth Through 2030
The global market for AI model risk management is witnessing rapid expansion, with projections indicating a year-on-year growth of $1.16 billion in 2026. The surge reflects increasing adoption of artificial intelligence across industries and the growing need to manage associated Read More …
CISOs Urge Guardrails for AI-Driven Security Operations Centres
Chief Information Security Officers (CISOs) are increasingly calling for stronger governance frameworks as artificial intelligence (AI) becomes more deeply embedded in Security Operations Centres (SOCs). As AI-driven systems gain autonomy in threat detection and response, concerns are rising around accountability, Read More …
US Treasury Publishes AI Risk Governance Guide for Financial Institutions
The United States Treasury has released a comprehensive guidebook aimed at strengthening artificial intelligence (AI) risk governance across financial institutions, reflecting growing regulatory focus on managing emerging technology risks in the financial system. The guidance outlines key principles for the Read More …
US Treasury Releases AI Risk Governance Guide for Financial Sector
The United States Treasury has issued a detailed guidebook aimed at strengthening artificial intelligence (AI) risk governance across financial institutions, reflecting increasing regulatory focus on the safe and responsible deployment of AI technologies in the sector. The guidance outlines key Read More …
US Treasury Issues AI Risk Governance Guide for Financial Institutions
The United States Treasury has released a comprehensive guidebook aimed at strengthening artificial intelligence (AI) risk governance across financial institutions. The initiative reflects growing regulatory focus on managing the risks associated with rapid AI adoption in banking, insurance, and financial Read More …
Online Course on FinTech Risk Management & Governance
FinTech is not just faster finance – it is structurally different finance. Platform-based models, embedded partnerships, API interdependencies, algorithmic decisions, cloud concentration, and venture-driven growth create unique risk patterns that traditional banking frameworks cannot fully address. This 10-hour executive-level programme focuses on Read More …