The Lloyd's Register Foundation Institute for the Public Understanding of Risk (LRFI) was launched on 3 October 2016. Established through a generous gift from the Lloyd's Register Foundation, LRFI is the first international academic and public outreach institution of its kind in Asia. LRFI will undertake research on the scientific understanding of risk and its practical application through a multi-disciplinary approach that brings together science, engineering, social sciences, and humanities.

Through outreach activities, LRFI will also enhance public dialogue on risk issues in Asia and internationally. Combined with its research and educational efforts, LRFI aspires to be a world-leading node of excellence to pave the way for policymakers, regulators, business leaders, scientists, and the general public to collectively make better decisions for the betterment of society.

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Bad numbers in the news: How to spot them, and how to stop them

The Institute hosted Professor Sir David Spiegelhalter, Winton Professor for the Public Understanding of Risk at Cambridge University, on 16 June 2017. He highlighted his concerns on how numbers, risks and evidence are used in the media today.