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