IABFM Articles

The Dimensions of Risk Management : The Year 2000 in Review (December 2006) | Risk Management
by Michael Vincent

Risk management is still in the process of becoming a core business activity, ever year the interest increases. However the profession is blurred because of the inability of risk practitioners to understand and encompass an integrated viewpoint. ...[ Read More ]

The Dimensions of Risk Management : The Stupidity of Downsizing – in order to meet Corporate Ratios (December 2006) | Risk Management
by Michael Vincent

Risk managers need to be aware of likely reactions from corporations who are striving to make themselves a viable investment vehicle for the institutional investor. The institutional investor is in its pure form essential for the corporate as they provide essential liquidity to the investment market. However it is the way corporations react that makes the market an inhibitor to individual corporate growth, if not the whole market. ...[ Read More ]

The Final Word : December 2003 (December 2006) | Risk Management
by Michael Vincent

The insurance purchasing decision is vital to the risk management function within the firm, indeed it is an outcome of good risk management and one of the five major methods of risk transfer. The industry needs to design the right products that fit the needs of the market today, a large proportion of insurance products on sale are out of date and rely on out of date for pricing and implementation. ...[ Read More ]

The Final Word : Governance April 2004 (December 2006) | Risk Management
by Michael Vincent

There are some studies in the USA that look at the statements made by business and the outcomes achieved by the same businesses. The outcomes of these research projects indicate a direct correlation between statements and performance, in other words the more a company promises the less likely it is that they will deliver on their promises or statements. ...[ Read More ]

The Final Word : June 2003 - Threats to Business Continuity : a living case study (December 2006) | Risk Management
by Michael Vincent

One of the barriers to any outcome is the budget or funds available; this has been a constant mantra of the federal government even though we have a budget surplus, a tax cut and more to the point the Ansett levy is still being charged on all airline tickets issued. We can no longer accept these inept excuses as being reasons for non-performance in the air safety arena. ...[ Read More ]