Thailand’s insurance regulator has introduced a new initiative aimed at strengthening talent development in risk management and insurance planning, reflecting a growing emphasis on capacity building within the sector. The programme is designed to equip professionals with the technical knowledge Read More …
Tag: Insurance Sector
Thailand Launches Initiative to Build Risk and Insurance Talent
ANZ Group faces scrutiny over risk-management culture
Australia’s ANZ Group is under pressure to overhaul its risk-management and corporate culture after an independent review found that staff were reluctant to raise red flags and accountability was weak. The review, commissioned following a record A$240 million penalty from Read More …
Resilience isn’t optional: disaster-risk reduction must anchor the G20 agenda
As the G20 Summit approaches, global leaders must recognise that resilience is no longer optional—it is essential for sustainable development and equitable growth. According to United Nations Office for Disaster Risk Reduction (UNDRR), global disaster losses now surpass US $2 Read More …
Japan proposes stricter rules on crypto lending and IEO investment caps
On 7 November, the Financial Services Agency of Japan (FSA) convened the fifth meeting of its Working Group on Crypto Asset Systems under the Financial System Council to review proposals aimed at strengthening regulation for crypto-asset lending and initial exchange Read More …
Fourth-party risk: Why your supply-chain security and risk assessments need a wider lens
The concept of fourth-party risk is increasingly relevant for organisations that rely on extended supply chains and multi-layer subcontracting. In the article by Russell McVeagh, a prominent New Zealand law firm, the authors argue that firms must look beyond their Read More …
Malaysia’s banks accelerate AI adoption to bolster compliance & risk controls
Malaysia’s banking industry is rapidly advancing its use of artificial intelligence (AI) to enhance compliance, fraud detection and risk-management capabilities. According to the Asian Institute of Chartered Bankers (AICB), 57 % of financial institutions say they are already in early Read More …
Harnessing The Power Of AI In The Insurance Sector
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 …