As Bermudian long-term insurers and reinsurers look ahead to 2025, maintaining strong solvency and proper reserving, along with an enhanced focus on risk management, are paramount. Suzanne Williams-Charles, CEO of Bermuda International Long Term Insurers and Reinsurers (BILTIR), emphasizes these
The evolving landscape of risk management is becoming increasingly complex, with emerging threats that demand our attention and proactive measures. As climate change accelerates, cybersecurity threats grow more sophisticated, and the rapid adoption of Artificial Intelligence (AI) and Big Data
Fraud is a significant and evolving threat in the corporate world, necessitating sophisticated countermeasures. In recent years, the application of data analytics in detecting and preventing fraud has become increasingly vital, as companies strive to protect themselves from both internal and
The construction industry has been grappling with numerous challenges over the past few years. Two of the most persistent concerns have been labor and interest rate issues. However, supply chain risk management has also become a crucial area of focus for industry professionals. Supply chain
In a striking exploitation of the COVID-19 pandemic, a convicted fraudster named Dominic Ayo Williams orchestrated an elaborate scheme to defraud insurance companies out of £60,000. Operating under the cover of the global crisis, the 37-year-old from Bromley filed multiple fake holiday cancellation
The rapid advancement of artificial intelligence (AI) technology has brought about significant changes in various sectors, including the business landscape in Australia. As AI continues to integrate into the economy, it introduces both opportunities and risks. The Australian Government, along with
