Risk Management | PIRA, Inc.

Insurance regulator issues guidelines on institutional AML/CFT risk assessment

The Philippine Insurance Commission (IC) has issued guidelines on the conduct of institutional risk assessment relating to anti-money...

Non-life insurers and land planners urge govts to step up to counter Nat CAT risk

Insurance Council of Australia (ICA) and Planning Institute of Australia (PIA) have together called on local, state and federal...

Nat CAT risk seen as top peril

Natural catastrophes jumped by five places to become the top risk named by businesses in Hong Kong, according to the Allianz Risk...

A risk manager's view on war

By Michael F. Rellosa I am not a warmonger, but it is getting harder to ignore the incessant drumbeats which seem to be getting louder...

EVs are a growing opportunity for insurers, but pose near-term challenges

Global sales of electric vehicles (EVs) are growing fast and emerging as a new risk pool for the motor insurance industry, according to...

Philippine insurance penetration rate and what needs to be done to improve it

By Michael F. Rellosa The insurance penetration rate at about 2 percent of our GDP is arguably the lowest in the Asean region. This has...

DENR Forum on the Blue Economy

PIRA Executive Director Mitch Rellosa representing the private sector attended the DENR Forum on the Blue Economy at The Novotel Manila...

AI improves global flood forecasting and extends alert time

A new study Global prediction of extreme floods in ungauged watersheds published in a recent issue of scientific journal Nature says AI...

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