From Risk Reporting to Risk Foresight: The Changing Role of Risk Management

Risk management has evolved considerably over the years, moving from a largely compliance-oriented function to an integral component of corporate governance. Yet, despite this progress, an important question remains: Are organisations using risk management primarily to report existing exposures, or Read More …

From the Lens of Risk Management

The GI Council should utilize insurers’ collective bargaining strength to change hospital practices instead of enforcing a mandatory 10% co-payment. Recently, an article titled “Health Vs Wealth – Insurers have a new scheme – making insured patients foot part of Read More …

Businesses Increase Risk Management Spending, but Resilience Gap Remains

Businesses are increasing their investment in risk management as organisations face a more complex and interconnected risk environment. According to the Hiscox Global Risk Report 2026, 69% of risk managers expect investment in risk management to increase, indicating that companies Read More …

Polycrisis Means Risk Managers Must Act While Options Remain: Gallagher

The growing “polycrisis” environment, characterised by multiple interconnected disruptions occurring at the same time, is forcing organisations to rethink how they identify and manage risk. Discussions at the FERMA Forum highlighted that risk managers cannot afford to wait for uncertainty Read More …

Continuous Supply Chain Risk Assessment Key to Building Trust

Businesses are increasingly focusing on continuous supply chain risk assessment as global disruptions, regulatory changes and operational uncertainties create new challenges for organisations. According to Yudhi Prasetyo from BDO Indonesia, building a strong risk culture and maintaining trust across supply Read More …

Aravo Launches Human-Centred Third-Party Risk Management Framework

Aravo has introduced the Aravo Experience Framework, a new approach to third-party risk management designed to improve how organisations manage relationships with suppliers, vendors and external business partners. The framework focuses on creating a more human-centred experience by combining risk 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 …

Climate Risk Awareness Grows, But Resilience Gaps Remain

Businesses increasingly understand the importance of climate risk management, but many organisations continue to face challenges in converting awareness into effective resilience strategies, according to a report from Zurich Insurance. The report highlights that companies are becoming more aware of Read More …