Risk Tips Issue 4: Analytical Risk Methods #2 - Trends: Data Analytics

  • Apr 25, 2017
  • ERMA Academy, Navrisk Vision, Everest, Wikipedia Online encyclopedia

Analytical Risk Methods #2 Trends: Data Analytics What is Data? The first step in any form of analysis, be it trend or any rudimentary form of analysis, begins with an understanding, appreciation and management of data, as data is fundamental in any form of what can be defined as information,…

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Risk Tips Issue 3: Risk Underwriting

  • Apr 25, 2017
  • Investopedia Online, CAN Publications, Wikipedia Online encyclopedia, RIMAN CRM Pack.

Principles & Practice of Insurance: Risk Underwriting What Is Underwriting? The word "underwriter" originally came from the practice of having each risk-taker write his name under the total amount of risk he was willing to accept at a specified premium. This centuries-old practice continues, in a way, as new issues…

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Risk Tips Issue 2: Insurable Risk - Business Interruptions

  • Apr 25, 2017
  • Investopedia Online, CAN Publications, Everest Loss Control Alerts, Wikipedia Online encyclopedia

Risk Transfer Methods: Principles & Practice of Insurance Insurable Risk: Business Interruptions An insurable riskis a risk that meets the ideal criteria for efficient  insurance . The concept of insurable risk underlies nearly all insurance decisions. For a risk to be  considered insurable, it has to meet several criteria  Read…

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Risk Tips Issue 1: Risk Transfer Methods

  • Apr 25, 2017
  • Investopedia Online, CAN Publications, Everest Loss Control Alerts, Wikipedia Online encyclopedia

Risk Transfer Methods: Principles & Practice of Insurance What is Risk Transfer? Risk transfer is a risk management and control strategy that involves the contractual shifting of a pure risk from one party to another. One example is the purchase of an insurance policy, by which a specified risk of…

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Risk Tips Issue 9: Credit Risk #1

  • Dec 08, 2016

What Is Credit  Risk A credit risk is the risk of default on a debt that may arise from a borrower failing to make required payments. When lenders offer borrowers mortgages, credit cards or other types of loans, there is always an element of risk that the borrower may not…

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Risk Tips Issue 8: Political Risk

  • Dec 08, 2016

What Is Political Risk The term political risk has had varying number of meaning based on a lot of different scenarios, yet, broadly speaking it refers to complications faced by individuals, house hold, businesses and the government as a result what is or are commonly referred to as political decisions…

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Risk Guide May 2016

  • Dec 07, 2016

What Is  People Risk      Based on the latest thinking in corporate governance, behavioural economics, human resources and operational risk, people risk can be defined as the risk that people do not follow the organization's procedures, practices and/or rules, thus deviating from expected behaviour in a way that could damage the…

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Risk Guide: April 2016

  • Dec 07, 2016
  • RIMAN

2016:Diversification What Are Our OptionsWhat It’s Looking Like From the looks of things we are in mess and a fix doesn’t seem likely for at least 3-5 years, unless by some miracles or global event causes an up-risk scenario that hikes up crude prices, above $100/per barrel, yet even  with…

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Risk Guide: March 2016

  • Dec 07, 2016
  • RIMAN

2016: Falling Oil Prices What is the lowest it will get?For how long will oil prices stay low and just how low is “low” going to get? Will countries like Nigeria, Russia, Venezuela and other crude producing states survive the persistent oil price and value of currency dip, not to…

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Risk Tips Issue 6: Operational Risk Management

  • Dec 07, 2016
  • RIMAN

Operational Risk Management Operational risk can be summarized as human risk; it is the risk of business operations failing due to human error. It changes from industry to industry, and is an important consideration to make when looking at potential investment decisions. Industries with lower human interaction are likely to…

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Risk Tips Issue 5: Liquidity Risk Management

  • Dec 07, 2016
  • RIMAN

Liquidity Risk Management Liquidity is a bank’s capacity to fund increase in assets and meet both expected and unexpected cash and collateral obligations at a reasonable cost and without incurring unacceptable losses. The degree to which an asset or security can be bought or sold in the market without affecting…

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Risk Tips: Cardinal Rules of Risk Management Issue 4

  • Dec 07, 2016
  • RIMAN

Cardinal Rules of Risk Management Having acknowledged the reality of risk, a risk manager must imbibe some fundamental canons, which are referred to (by Erik Banks)as the cardinal rules of Risk management. Read More

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Risk Tips: Enterprise Risk Management Issue 1, 2 and 3

  • Dec 07, 2016
  • RIMAN

Enterprise Risk Management (ERM) Risk Managment A probability or threat of damage, injury, liability, loss, or any other negative occurrence that is caused by external or internal vulnerabilities, and that may be avoided through pre-emptive action. Read More Risk Vs Risk Managment Risk management is the identification, assessment, and prioritization…

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Quick Pick

People Risk and Organizational Leadership

What is People Risk and Its Co-relatedness to Leadership

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1st Set of Certifed Risk Managers (CRMs) in Nigeria

1.  KAMORU AJANI ADEYEMI      HERITAGE BANK PLC.   2. AJOLOKO AYINDE AYODELE     NIGERIA DEPOSIT INSURANCE CORPORATION (NDIC)   3. ADEBAYO AYODELE FAMAKINWA     CENTRAL BANK OF NIGERIA (CBN)   4. GRACE OLUWAFUNKE ABIOYE     SECURITIES & EXCHANGE COMMISSION (SEC)   5. UDONSI MBA ONUOHA     HERITAGE BANK PLC.  …

Positions In Risk Management

Job Opening In Risk Management Consulting Firm Experienced ex-Bankers, ex-Service men, Lawyer and Accountant with Audit/tax experience. Interested candidates must have self drive, entrepreneurial skill and capacity to lead Teams to deliver result with minimum supervision. Interested and qualified candidates should forward their CVs to info@riskadvisorassociate.com by not later than…

2017 Annual National Risk Conference

DATE:   AUGUST 3rd - 4th 2017 Venue: Eko Hotels & Suites Theme: RISK MANAGEMENT FOR ECONOMIC DEVELOPMENT & REVENUE DIVERSIFICATION Sponsorship Has Commenced for the 2017  RIMAN Annual National Risk Conference Sponsorship Information Official Partner (N5M) 5 Delegates to Attend Free, 2 Free Advert Spaces in Periodic Magazine and…