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Risk in Context Blog

Timely blogs from our risk and insurance experts on the issues and trends that affect your business – and your bottom line.

RECENT POSTS

Flood Risks: What Can Organizations Do To Guard Against It?

Posted by Nikhil Kharkar 22 August 2019

With monsoon season setting in, many states in India are already experiencing flooding. In July, Mumbai was hit by the heaviest monsoon rains in two decades, killing at least 30 people and disrupting life in the city and nearby areas.  

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Political Risk: Time to Access the Present Realities and Look for Cover

Posted by Akshay Bhardwaj 08 August 2019

The global political landscape is dynamic and hard to predict. Often, a simple policy action can derail a peace process or create a war-like situation across a region.  This article analyzes present global political uncertainties and risk situations and discusses how insurance solutions can come to the rescue. Read More.

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General Data Protection Regulations – The Fines, the Gaps while Calculating for Parent Companies and Their Subsidiaries

Posted by Ritesh Thosani 05 August 2019

It’s been more than a year since the European Union’s General Data Protection Regulation (GDPR) came into effect on 25 May, 2018. The implementation of the GDPR signaled the start of more stringent privacy oversight and enforcement. 

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Related to: Cyber Risk

Typhoon Season is Here: Are you Ready?

Posted by Edward Farrelly 08 July 2019

This year the Northwest Pacific basin is predicted to produce a total number of typhoons close to its long-term average. However, even a single storm can wreak havoc on your employees, your operations and assets, your community, and those your business relies upon. Floods and water damage can be catastrophic, and remain a key concern in Asia.

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Fantasy Sport - Enjoy the Ride but Play is Safe!

Posted by Arjun Sharma 23 May 2019

In the last couple of years, aided by a rapid digitalization wave, the participation in fantasy gaming platforms in India has exploded, increasing ten-fold to around 20 million people.

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Trade Credit Insurance: A Necessity for Modern Corporates

Posted by Akshay Bhardwaj 25 April 2019

In a modern economy that is heavily dependent upon international trade, issues such as protracted default, insolvent buyers, and political uncertainty are ever-present. Unfamiliarity with new buyers and markets may deter sellers from extending the necessary credit required to conduct domestic or cross-border business. The issue can be more pronounced in volatile regions, where concentration of the credit risk may pose a particular concern.

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Maximizing Your Recovery From Mangkhut

Posted by Adrian Sargent 18 September 2018

Super Typhoon Mangkhut is one of the most powerful storms to hit the region in decades. Over the past weekend, the typhoon caused extensive damage to property across northern Philippines, Hong Kong, Macau, and southern provinces in China.

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Activating Your Risk Transfer Measures in the Aftermath of a Super Typhoon

Posted by Dennis Dalati 14 September 2018

Once again, numerous countries in east and southeast Asia are bracing for a super typhoon. With sustained winds of up to 240km/h, Super Typhoon Mangkhut is the strongest storm of 2018 and predicted to be the most powerful to hit Hong Kong since records began. It eclipses Typhoon Jebi which hit Western Japan recently and Typhoon Hato which wrecked widespread damage in Macau last year.

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Healthcare and Cyber Security Risks

Posted by Prashansa Daga 24 July 2018

To understand just how concerned healthcare providers should be about cyber risk, consider this - private health information is now more valuable on the black market than most other forms of personally identifiable information (PII).

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Structural Defect Insurance: A necessity for Construction Business

Posted by Aneesh Moorkath 25 June 2018

A reputable construction firm in India discovered irregularities in a flagship project pertaining to the structure of one of its key buildings just after handover.

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Related to: Construction , Real Estate