Page 4 - Risk Management Bulletin January-February 2023
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RMAI BULLETIN JANUARY - FEBRUARY 2023
Content About us
12 top enterprise risk management
Risk Management has assumed great significance in the
trends in 2023 3
global economic scenario. More and more companies are
recognising the need of implementing the concept in
Supply Chain Risk Management: their organisation.
When the greatest risk is outside
the areas of traditional focus Unless risk is monitored properly the very existence of
Lora Cecere 7 business may be at stake. The technological advance-
ment has revolutionised the ways of doing business but
Fire Services in India and its Present Status 10 at the same time has posed new challenges to manage
and contain risk.
Climate Risk and Sustainable Finance 14 In western countries Risk Management is an important
area which has attracted the attention of Bankers, Insur-
What global trends in road safety show, ers, Financial Institutions, Government, business houses,
and why some Indians won't buckle up 27 in forecasting the imminent risk in undertaking any
project/work and taking suitable precautions to avoid or
The evolution of the seat belt, and why minimize the adverse impact of risk.
it is literally a matter of life and death 29
However in India though the importance of Risk Man-
agement has been recognized but no concrete step has
Governance: An inward-looking culture been taken to establish it as integral part of activity so
misses risks and opportunities 31 that risks may be perceived in advance and suitable
measures be taken to avoid it.
Glossary 32
In order to respond to the future challenges, Risk Man-
agement Association of India has taken the onerous
responsibility to create a platform for Risk Professionals,
Insurers, Bankers, Corporates to exchange latest news,
articles, resources relating to risk management, encour-
age research and development, provide certification to
members, provide courses on risk management, conduct
webinars, Conferences etc.
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