The Federation of European Risk Management Associations (FERMA) is stepping up efforts to build a stronger and more collaborative risk management community across Europe, with a greater focus on cooperation, knowledge-sharing and engagement among its national associations. Speaking at FERMA’s Read More …
Tag: Climate Risk
FERMA Strengthens European Risk Management Network
China Expands Geological Disaster Risk Management
China is expanding its geological disaster risk management framework by shifting from the management of individual hazard points towards broader risk-zone-based prevention and control, according to a new five-year plan released by the Ministry of Natural Resources. (chinadailyhk) The Implementation Read More …
FERMA Strengthens European Risk Management Network
The Federation of European Risk Management Associations (FERMA) is stepping up efforts to build a stronger and more collaborative risk management community across Europe, with a greater focus on cooperation, knowledge-sharing and engagement among its national associations. Speaking at FERMA’s Read More …
Catastrophe Bonds and Insurance-Linked Securities: Redefining Catastrophe Risk Management in an Era of Global Uncertainty
In normal circumstances, underwriting risk in insurance is transferred to a primary insurer, who, beyond a certain limit, transfers it to a reinsurer. But there is another option that facilitates entering the capital market. The term used is known as 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 …
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 …
Türkiye and FAO Partner on New Initiative to Strengthen Climate Resilience
Türkiye and the Food and Agriculture Organization (FAO) have launched the Turquoise Nexus Initiative, a collaborative effort aimed at strengthening climate resilience and promoting sustainable management of natural resources. The initiative seeks to address interconnected challenges involving climate change, water Read More …
Growing Disaster Risks Lead to Tighter Construction Insurance Conditions in India
India’s construction insurance market is witnessing tighter underwriting conditions as insurers respond to increasing climate-related and natural disaster risks. Rising incidences of floods, cyclones, landslides, and extreme weather events are prompting insurers to reassess risk exposures associated with infrastructure and Read More …
CEEW Study Warns Fossil Fuel Insecurity Is Becoming a Major Economic Risk
India’s dependence on fossil fuels is no longer just an energy import challenge but a broader economic risk, according to a new study by the Council on Energy, Environment and Water (CEEW). The report highlights that volatility in global fuel Read More …
The 5 Skill Gaps Every BFSI L&D Head Needs to Close in 2026
The five skill gaps every BFSI L&D head needs to close in 2026 are: regulatory and compliance literacy, credit risk and NPA management, AI and digital risk readiness, ESG and climate risk awareness, and operational and fraud risk capabilities. Closing Read More …