Pierre-Edouard Fraigneau, Head of K&R Arabia at AIG speaks to Premium about the scope of the cover and the levels of preparedness, which need to be taken during times of distress. What are the precautionary measures suggested by AIG for preparedness against K&R? What kind of end-to-end support does AIG...
Steve Dixon, Regional Managing Director for ACE Group (MENA region) shares his insight on how an organisation’s reputation could be at risk and how the risk could be mitigated. Companies have always faced risks that could damage their reputation. But those risks have never been as pervasive and immediate as...
Bahaadeen Merhi, Risk Underwriter at Coface Emirates Services Limited raises poignant points about the aftermath of the financial crisis and how Effective Credit Management could help organisations manage their receivables in a prudent manner. The effects of Dubai’s financial crisis and credit default of some of its large economic players...
Mojgan Khosabi, Energy Underwriting Manager for MENA at ACE group engages in a dialogue with Premium and gives and overview of the energy market and enlists the risks related to it. On a global basis, how has the energy insurance market been performing? There is no doubt that the...
Risk Management has been around for a deceptively long time and has grown in leaps and bounds right from its inception. Cargo risks have undergone a lot of change and the approach is now more scientific and important to organisations over the past decade. John O’ Brien, Chief Officer Corporate...
Akshay Randeva, Director, Strategic Development, Qatar Financial Centre Authority speaks to Premium about Enterprise Risk Management (ERM) and the growing awareness which it has posed in most of the organisations operating in the GCC. NAVIGATING THROUGH A MORE ‘VOLATILE’ RISK LANDSCAPE: The global risk landscape is in flux, with the...
Gone are the days when vendors would get panicky, as the number of overdue days would escalate from 30 to 60 to 90 and finally stand at 180. With credit insurance services offered by companies like Euler Hermes and Coface, the risk associated with rendering services or products on credit...
Global economic woes have taken their toll, but investment in renewable projects is still strong and since 2010 has surpassed investment in new fossil fuel plants. But as investment grows, so do the risks involved in owning, managing and operating such installations. Premium takes a closer look at what industry...
NATURAL CATASTROPHES AND MAN-MADE DISASTERS IN 2011 Natural catastrophes and man-made disasters claimed about 35,000 lives, resulted in economic losses of over $370 billion and a loss of $116 billion to insurers in 2011. Swiss Re’s sigma reported 2011 as the second-highest on record since it started collecting the data in...
Many policyholders have specialist divisions requiring high security, such as credit card processing plants, cash collection centres and goods-in-transit depots. Providing accurate, successful risk management guidance can reduce risks, protect livelihoods, and build an off-policy revenue stream. Premium spoke to Aon International Risk Consulting about the key protocols and how...
