RM Function

RM Function

Risk Management RM Function

By Liz Booth  Risk managers across Africa are being warned to consider the risks from non-compliance with tax payments as the year ends and the tax authorities look to collect. West African governments are reported to be clamping down ...
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News Risk Management RM Function

Businesses should be prepared for this Risk Political Risk Insurance (PRI) can be a solution Political Risk has heightened in the wake of the firing of former Vice President of Zimbabwe Emmerson Dambudzo Mnangagwa, and the subsequent defacing of city ...
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News Risk Management RM Function

Although the record inflation of 2008 is history, inflation risk is still a common worry for many Zimbabweans. Prices of basic commodities are increasing by the day, and the surrogate currency (bond notes) and electronic money are quickly losing ...
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Risk Management RM Function

By Ben Norris  Southern African risk managers may be on the cusp of receiving international recognition for their qualifications from five of the world’s biggest risk management associations, including the Institute of Risk Management South Africa (Irmsa). Irmsa, Ferma, ...
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Risk Management RM Function

Two sector second quarter reports the Insurance and Pensions Commission (Ipec) has published so far and high on the list of threats to the insurance industry is Compliance Risk. By Donald T. Chidoori Compliance is about ensuring that ...
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Risk Management RM Function

By Ben Norris  Five of the world biggest risk management associations – Ferma, Rims, Alarys, Parima and Irmsa – have signed a letter of intent to work towards mutual recognition of their respective risk management certification or designation programmes. ...
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Risk Management RM Function

The “effect of uncertainty of objects” makes a company suffer. Without prior knowledge of possible risks and ways to mitigate them, companies and organisations often incur losses. These risks could be legal risks, credit risks, risks from natural ...
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Commerce Commercial Lines Commercial P & C News Risk Management RM Function

By Stuart Collins Business travel risks are increasing and becoming more complex, with a bigger role for risk managers in mitigating the threat, according to a new report and survey from Ferma. According to the survey of more ...
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Funeral News Risk Management RM Function

One of the most daunting tasks of the Insurance business is to detect and evaluate risks that may affect the bottom line. Even when the risk has been recognized, its effect can be challenging to compute, yet it ...
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Captive Risk Risk Management RM Function

A Captive Insurance Company (captive or CIC) is a property and casualty insurance company established to provide coverage primarily for a parent company. It can be a valuable risk management tool which allows businesses to more effectively manage ...
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