Page 3 - RMAI July-September 2018
P. 3
July - September 2018
Content About us
RMAI RISK MANAGEMENT SUMMIT Risk Management has assumed great
significance in the global economic
20 91 03 scenario. More and more companies are
recognising the need of implementing the
concept in their organisation.
Risk Management Association of India
(RMAI) signs an MOU with Risk Unless risk is monitored properly the very
existence of business may be at stake. The
Management Society(RIMS)to
technological advancement has
collaborate for promotion of Risk
revolutionised the ways of doing business
Management discipline in India 12 but at the same time has posed new
challenges to manage and contain risk.
In western countries Risk Management is
Singapore Global Convention Risk &
an important area which has attracted the
Ethics 2018 13 attention of Bankers, Insurers, Financial
Institutions, Government, business houses,
in forecasting the imminent risk in
Enterprise Risk Management 14 undertaking any project/work and taking
suitable precautions to avoid or minimize
the adverse impact of risk.
Managing The Risk and Business
However in India though the importance of
Insurance 20 Risk Management has been recognized but
no concrete step has been taken to
establish it as integral part of activity so that
Risk Based Liquidity for India 28 risks may be perceived in advance and
suitable measures be taken to avoid it.
In order to respond to the future
challenges, Risk Management 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, encourage research and
development, provide certification to
members, provide courses on risk
management, conduct webinars,
Conferences etc.
02 RISK MANAGEMENT ASSOCIATION OF INDIA