Tuesday, 29 November 2022



LATEST NEWS Ammy Virk Digs At Sonam Bajwa’s Cricket Knowledge. Says, ‘You’ll Be The Next President Of ICC’ District Ramban bags National e-Governance Silver award for e-Suvidha App District Admin Rajouri, DECC organise Job Fair PSPS Govt. PG Women College organises extension Lecture on “Digital Marketing: Opportunities & Threats” DC Doda Vishesh Paul Mahajan reviews progress on key indicators of Revenue department Students of Ramban shine in Divisional Level Kala Utsav competition Drug & Food Control Organization inspects medical stores in Ramban My Town My Pride -2.0 : DC Kathua reviews preparations for "Jan Abhiyaan Shehri" Agriculture Directorate Jammu inaugurates Shiitake Mushroom Cultivation Room A wave of change is sweeping across Gujarat : Bhagwant Mann Senior National Artistic Gymnastics (M/W) Championship- 2022 concluded at LPU campus for team events Our handicrafts are our living heritage; all efforts should be made to promote them : Jagdeep Dhankhar 4 Associates of Lawrance Bishnoi Gang arrested with 3 Pistol, 1 Magazine & 22 live Cartridges Honda Cars India signs agreement with MSTI to offer Music first, trailer later: Promo blueprint for Shah Rukh Khan-starrer 'Pathaan' 'Bigg Boss 16': Tina Datta breaks down on b'day, nomination task leads to rift Yogi Adityanath compares Shivpal Yadav to a pendulum Arjun Kapoor starts shooting for next film in Delhi, says city lucky for him HP&M Dept conducts Awareness Camp at Fruit & Vegetable Market Parimpora, Srinagar JKRLM organises workshop on SHG-Bank Linkage at Shopian DHEW Budgam organizes Awareness programme at Anganwadi Centre Bugroo, Khansahib


Business disruption, cash flow top risks for Indian firms amid economic slowdown

Technology, Google Quantum Computer, Quantum Computer, San Francisco, Mumbai

Web Admin

Web Admin

5 Dariya News

Mumbai , 22 Sep 2022

After economic slowdown, business interruption and cash flow/liquidity risks are the two top risks for Indian companies in the coming years, a new report said on Thursday.While 83.3 per cent of Indian businesses expect the total cost of insurance risks to increase, companies are least prepared for reputation risks, according to the report by global professional services firm Aon.

"Indian businesses are maturing to the need for periodic insurance assessment and proactively planning to mitigate insurable risks," said Jonathan Pipe, CEO, India at Aon."We have seen a significant increase in the use of captives to transfer risks as well as greater support of external experts in assessing all possible business risks," he added.

Companies are committing additional budgets to manage and mitigate their potential risks, particularly accelerated rates of change in market factors, economic slowdown and business interruption."With better planning and expert advice, most of the risks can be managed efficiently," he said.

Organisations are shifting their focus from event-based to impact-based risk assessments in the country.For example, the business interruption was once seen as a linear risk, but Covid-19 and geopolitical risks have demonstrated how it can affect multiple industries and companies simultaneously and globally, the report mentioned.

Businesses, however, are least prepared for Reputation Risks with none of those surveyed having risk management or continuity plans for it.Nearly 50 per cent of Indian businesses cited economic slowdown/slow recovery as one of the top risks that incurred losses, said the report.


Tags: Technology , Google Quantum Computer , Quantum Computer , San Francisco , Mumbai



related news




Photo Gallery



Video Gallery



5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2022 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD