Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
Artificial intelligence (AI) and data-driven technologies are expected to significantly reshape the future of risk management by improving risk identification, analysis and decision-making capabilities across industries. The growing availability of data and advancements in AI are enabling organisations to move Read More …
Risk management has become an essential capability for professionals across industries as organisations face increasing uncertainty from economic changes, technology disruption, regulatory developments and operational challenges. Traditionally viewed as a specialised function handled by risk teams, risk management is now Read More …
The Nigeria Insurers Association (NIA) is focusing on strengthening governance standards and risk management practices within the insurance industry to improve resilience, transparency and confidence among stakeholders. The initiative highlights the growing importance of effective governance frameworks as insurers operate Read More …
The growing adoption of artificial intelligence (AI) across business operations is creating a new category of professional indemnity (PI) risks, as organisations face potential liabilities arising from inaccurate AI outputs, automated decisions and failures in AI governance. Businesses are increasingly Read More …
The role of the Chief Risk Officer (CRO) in the Gulf Cooperation Council (GCC) banking sector is undergoing significant transformation as financial institutions face increasingly complex risks, technological disruption and changing regulatory expectations. Traditionally focused on credit, market and operational Read More …
Artificial intelligence (AI) is increasingly transforming the risk management function by enabling organisations to identify threats earlier, analyse complex data patterns and make more informed decisions. As risks become more interconnected and dynamic, AI-powered tools are helping risk professionals move Read More …
Aon has launched an AI Risk Diagnostic, an enterprise-level assessment designed to help organisations evaluate and manage risks arising from the growing use of artificial intelligence across business operations. The solution provides organisations with a structured assessment of their AI Read More …
Few corporate case studies capture the full scope of operational risk, governance failure, and safety culture breakdown as completely as the Boeing 737 MAX crisis. Two fatal crashes, the Lion Air flight in October 2018 and the Ethiopian Airlines flight Read More …
The RBI regularly issues directions, circulars, frameworks and regulatory guidance covering the major risks faced by banks and financial institutions. These regulatory documents influence several important areas of banking operations, including: Credit appraisal and monitoring Loan classification and provisioning Capital Read More …
Artificial intelligence is moving rapidly from experimentation to enterprise-wide adoption. Across banking, insurance, financial services and other industries, organisations are using artificial intelligence to assess creditworthiness, detect fraud, automate customer service, improve underwriting, monitor transactions and support strategic decisions. These Read More …