Risk management

Introduction This write-up draws up a parallel between the medical profession and risk management profession. Both doctors and risk management professional perform their duties in treatment of patient/risk. The doctors…

Where there is risk, there is Insurance. As the world becomes more complex and interconnected, incremental change is giving way to the instability of feedback loops, threshold effects and cascading…

ABSTRACT With the growth in the world demand and the economic situations, mining industry has also seen major technological and managerial developments. New industrial methods and techniques; also use of…

Introduction Up until 2017, Carillion was one of the largest contractors for U.K. government infrastructure projects, employing 43,000 people worldwide. But despite such impressive figures, the report found that Carillion’s…

Outsourcing or the third-party risk is voted as the top 5 risks by a poll on Top 10 Operational Risks for 2021 conducted by Risk.net. “It has never been more…

Background: Risk is part of everyday business and organizational strategy. However, the volume and nature of risks facing organizations have increased tremendously over the last decade due to the complexity…

In an ever-changing and unpredictable world, the insurance industry plays a pivotal role in mitigating risks and providing protection against unforeseen events. As insurers navigate a dynamic marketplace, it has…

This RM&I industry will exists until businesses exists. The importance of it has a place in economy as it organizations live in an unstable environment. It is therefore true that…

Introductions: Enterprise risk management (ERM) is a methodology that looks at risk management strategically from the perspective of the entire firm or organization. It is a top-down strategy that aims…

In the dynamic world of insurance, where uncertainties abound, the significance of robust risk management practices cannot be overstated. As we stand at the crossroads of unprecedented challenges, the insurance…