UAE insurers are facing new challenges as the April 30th deadline for ORSA submission approaches. Leveraging our experience in assisting with ORSA reports, we've devised an efficient approach to navigating current regulations. The ORSA report requires a thorough analysis of risks, both present and future, prompting companies to address challenges and capital requirements proactively within their ERM framework. This presents an opportunity for companies to strengthen their risk management framework and embrace a new era of Risk Management. #BADRI #Actuaries #Risk #ORSA #RiskManagement #UAEInsurance #RiskAnalysis 📊🔍
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Insurance Expert | Chartered Insurance Institute | Harvard Business School Online | Rome Business School | LOMA
ORSA takes its first steps in UAE: The central bank in the UAE have issued requirements for the first cycle of submission of an ORSA by their regulated firms. The deadline for this submission is 30 April 2024. For many insurers in the UAE, this requirement will require a considerable extension to their risk management framework
UAE insurers are facing new challenges as the April 30th deadline for ORSA submission approaches. Leveraging our experience in assisting with ORSA reports, we've devised an efficient approach to navigating current regulations. The ORSA report requires a thorough analysis of risks, both present and future, prompting companies to address challenges and capital requirements proactively within their ERM framework. This presents an opportunity for companies to strengthen their risk management framework and embrace a new era of Risk Management. #BADRI #Actuaries #Risk #ORSA #RiskManagement #UAEInsurance #RiskAnalysis 📊🔍
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From financial institutions to government-linked entities, Enterprise Risk Management (ERM) is increasingly becoming important across sectors. A well-evaluated and strategic ERM approach can help you take practical steps towards identifying, evaluating current risks and implementing a roadmap for risk mitigation. https://lnkd.in/dPtjmxfN #mbg #uae #riskmangement #erm
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Business is the capacity to take on risk for projected financial profit and gain. MBG has your back when it comes to navigating the constantly changing globalized world that we live in today, for a better tomorrow!
From financial institutions to government-linked entities, Enterprise Risk Management (ERM) is increasingly becoming important across sectors. A well-evaluated and strategic ERM approach can help you take practical steps towards identifying, evaluating current risks and implementing a roadmap for risk mitigation. https://lnkd.in/dPtjmxfN #mbg #uae #riskmangement #erm
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Associate Vice President | Internal Audit | Risk Advisory | Corporate Governance | UAE Golden Visa Holder
Attended the 'ERM Roundtable - Reimagine Risk' event yesterday, as organized by Institute of Risk Management through regional UAE IRM Group at PWC's Dubai office. Some of the key perspectives and discussions as below, were really helpful: 1. Consideration of quantitative risk techniques along with qualitative, really helps challenge the single or limited point estimates and identifying boundaries of worst and best uncertainties 2. Packaging and integrating risk, control, and governance services under one umbrella so as to convenience the internal customer and to provide a satisfactory assurance 3. Psychological and human elements in Risk management are important Thanks for the interaction Susan Daniel FCCA, Alex O'Brien, Peter Smith and all others who attended.
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Feeling overwhelmed by potential threats? Our Certificate in Enterprise Risk Management (ERM) course equips you to: > Develop a comprehensive understanding of ERM frameworks and best practices. > Identify, assess, and prioritise risks that could impact your organisation. > Implement effective risk mitigation strategies for long-term success. Learn to safeguard your organisation and navigate the ever-changing business landscape. Course Details: Certificate in Enterprise Risk Management (ERM) 9 - 12 September 2024 | Dubai, UAE or Live Digital 🌐 https://bit.ly/3ZnUmgp #EnterpriseRiskManagement #RiskManagement #BusinessResilience #InformaConnectAcademy
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First published in June 2022 and revised on 29 April 2024, this notice by the Monetary Authority of Singapore includes amended guidelines for Enterprise Risk Management addressing the key features of the ERM framework and the various interactions amongst the key components. New guidelines for risk identification and measurement as well as stress testing are included. #riskmanagement #risk #riskidentification #ERM #EnterpriseRiskManagement #riskframework #GRC #bestpractices #stresstesting #concentrationrisk #MAS #riskmeasurement #operationalresilience
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Check out my Enterprise Risk Management digital certificate/badge issued by Quality Gurus Inc. via Sertifier! #sertifier #digitalbadge #digitalcertificate #digitalcredentials #riskmitigation #riskmanagementframework #riskmanagement #riskgovernance #riskcontrol #riskappetite #riskanalysis #operationalriskmanagement #operationalrisk #enterpriseriskmanagement
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🌟 Advanced Risk Management Mastery From corporate governance to financial and environmental risk, Lambrian’s training offers comprehensive strategies. Explore courses like Third-Party Risk Management, ERM, and Risk-Based Decision-Making with AI integration. 🚀 Elevate your risk management skills. Special Speaker Corlise le Roux #RiskManagement #CorporateGovernance #FinancialRisk #EnvironmentalRisk #AIinRisk #LambrianTraining #ThirdPartyRisk #ERM #RiskBasedDecisionMaking #ProfessionalDevelopment #Dubai #UAE
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Risk appetite represents the threshold of risk an organization is willing to undertake to fulfill its mission and objectives. It is an essential element of Enterprise Risk Management (ERM), serving as a benchmark for risk-taking and decision-making processes. Learn how to integrate risk appetite into your ERM framework, enhancing strategic decision-making and achieving optimal risk-return balance. Become an expert in defining your personal, business or organisation’s risk appetite to enquire call now on +91-7208853274 #RiskAppetite #resilience #riskassessment #riskmanagement #EnterpriseRiskManagement #riskintelligence #riskready #ChiefRiskOfficer #IRM #IRMIndia #InstituteofRiskManagement #IndiaGetsRiskReady
