July 16, 2024
Business interruption is the top risk for the oil and gas sector in 2024
According to the Allianz Risk Barometer, business interruption is the top concern for the oil and gas sector in 2024, followed by energy crises, climate change, fire, explosions, and natural catastrophes. Addressing these risks is essential for business continuity and resilience.
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July 16, 2024
IRMSA Warns One in Three Risk Managers Face Threats Amid Anti-Corruption Efforts
One in three South African risk managers face threats when addressing public interest risks, says IRMSA. The organization supports the SIU's efforts in combating corruption, emphasizing the need for robust oversight to ensure accountability and transparency.
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July 1, 2024
IRMSA Launches 10th Edition of Risk Report at a Pivotal Juncture for South Africa
Against a backdrop of local and global political, social, and economic uncertainty, The Institute of Risk Management South Africa (IRMSA) releases the 10th edition of its highly anticipated Risk Report on the 2nd of July at the Johannesburg Country Club in Woodmead
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June 11, 2024
Natural catastrophes, Fire risks top concerns for Engineering, Construction, and Real Estate sector in 2024
The engineering, construction, and real estate sector is facing significant challenges in the year ahead, with Natural catastrophes and Fire, explosion risks emerging as the primary concerns, according to the Allianz Risk Barometer. It is followed by Business interruption (28%), Macroeconomic developments (21%) and Cyber incidents (19%).
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May 16, 2024
The Year of Elections and the Potential for Civil Unrest
There’s also concerns around the heightened risk for civil unrest and riots in the run-up, and even post elections, with the riots of July 2021 a stark reminder of how quickly a match can explode into a multi-billion Rand economic catastrophe and reputational disaster, and how truly unprepared we were for the fallout.
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May 7, 2024
Cyber concerns top risk for hospitality, leisure and tourism sector in 2024
Cyber incidents have emerged as the top risk faced by the hospitality, leisure, and tourism sector in 2024, according to the Allianz Risk Barometer. The report, based on insights from over 3,000 risk management professionals and business leaders, emphasizes the critical need to address these risks to ensure business continuity and protect against potential disruptions.
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