Artificial Intelligence Helps to Contain Wildfires, Predict Wild Weather August 5, 2019 By Brian K. Sullivan On a tower in the Brazilian rainforest, a sentinel scans the horizon for the first signs of fire. Only these...
Vast Sahara Dust Cloud Hinders Formation of Tropical Storms in Atlantic August 3, 2019 By Brian K. Sullivan Dry air from the Sahara that’s carrying enough dust it can be seen from space is preventing thunderstorms over the...
While Ships in Persian Gulf Turn Off Transponders to Avoid Seizure, Collision Risks Rise August 2, 2019 By L.S. Howard Following weeks of mounting tensions in the Persian Gulf where vessels have been attacked and an oil tanker has been...
Arthur J. Gallagher Acquires Fullerton Health Corporate Services in Australia August 2, 2019 Arthur J. Gallagher & Co. announced that its risk management services subsidiary, Gallagher Bassett Services Inc., has acquired Fullerton Health...
Parametric Insurance Cover Provides French Farmers with Drought Relief August 2, 2019 By Inti Landauro Hundreds of French farmers who signed up for specialist policies aimed at insuring against freak weather are getting swift payouts...
Why Year-Long Ebola Outbreak Hasn’t Triggered Payout from Pandemic Insurance August 2, 2019 By Karin Strohecker World Bank funding instruments issued to help emerging countries swiftly tackle pandemics have come under the spotlight after the latest...
UK Regulator Asks Insurers to Weigh Possible Business Impact of Climate Change August 2, 2019 By Mathew Carr and Lisa Pham The Bank of England for the first time is asking British insurers to gauge how global warming might impact the...
Aviva Weighs Options for Asian Business Including Possible Sale August 2, 2019 By Manuel Baigorri, Jan-Henrik Förster and Joyce Koh Aviva Plc is considering options for its Asian business including a possible divestment of the unit as its new chief...
Chubb Promotes Ortega to President, Overseas, as Andrade Moves to Top Everest Role August 1, 2019 Chubb Ltd. has appointed Juan Luis Ortega as executive vice president, Chubb Group, and president, Overseas General Insurance. He succeeds...
Lloyd’s Selects 11 Insurtechs to Support Its Future-at-Lloyd’s Project August 1, 2019 Lloyd’s welcomed 11 new teams of insurtech disruptors to join the re/insurance market’s innovation accelerator. More than 130 applications were...