Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
Rising geopolitical instability is emerging as a defining risk for the global insurance market, prompting insurers to place greater emphasis on collaboration, information sharing, and coordinated risk management, according to the International Underwriting Association (IUA). Ongoing conflicts, trade tensions, sanctions Read More …
Insurance leaders across ASEAN have called for deeper regional coordination to address fast-evolving risks that transcend national boundaries. Speaking at a recent industry forum, senior executives emphasised that the interconnected nature of today’s risk landscape—driven by climate volatility, cyber threats, Read More …
Insurers are preparing for a year of heightened uncertainty in 2026, with new and overlapping risk frontiers emerging across climate, cyber, geopolitical and economic domains. Industry leaders warn that the convergence of these threats is reshaping underwriting priorities, reinsurance structures Read More …
Insurers are urging governments, businesses and regulators to strengthen risk management frameworks for secondary perils as losses from weather-related events continue to accelerate across the UK and Europe. According to industry analysts, hazards such as flash floods, hailstorms, wildfires and Read More …
The adoption of AI and ML has revolutionized the insurance industry in India. These technologies have been used for risk management, customer on boarding, and renewal collection, said Rajesh Krishnan, Chief Operations Officer, Bajaj Allianz Life. When the private insurance sector found Read More …
While risk management is foundational for the insurance industry, companies often use outdated technology to identify and assess potential threats. If they utilize the Internet of Things instead, they can improve their standard practices and significantly benefit. Do Risk Management Practices Read More …
The insurance industry has undergone significant changes over the years. The integration of advanced technologies such as artificial intelligence (AI) has paved the way for further evolution, offering improved efficiency, reduced costs and enhanced customer experience. Various AI applications are currently Read More …
The increasingly noticeable negative effects of climate change have led to many regulatory initiatives and requirements in the insurance industry, both European and national. For this reason and due to growing customer preferences for sustainable insurance and financial products, insurance Read More …