The Era of Runaway Heat Records Is Here August 20, 2024 By Eric Roston, Matthew Griffin and Alexander Battle Abdelal Las Vegas set a heat record of 117 degrees Fahrenheit (47.2C) in 1942, and for 82 years no weather system...
SME Broker Ardonagh Advisory to Acquire UK-Based R.K. Henshall August 19, 2024 Ardonagh Advisory, Ardonagh Group’s SME broking platform, has agreed to acquire UK chartered insurance broker R.K. Henshall & Co. Ltd....
Net Zero’s Carbon Removal Conundrum August 19, 2024 By Alastair Marsh To achieve net-zero emissions, where emissions and removals of greenhouse gas pollution balance each other out, governments and corporations must...
UK Insurers Call for Rule Change to Establish Captive Insurance Regime August 19, 2024 By Katherine Griffiths Senior figures in the insurance industry are calling on the UK to restart work on a potential new market worth...
Europe’s $42 Billion Effort to Fight Wildfires Is an Uphill Battle August 19, 2024 By Eamon Farhat and Paul Tugwell Europe is spending tens of billions of euros a year to fight wildfires, yet it hasn’t stopped blazes from flaring...
The Huge Profits Investors Have Made on Catastrophe Bonds Are Raising Eyebrows August 19, 2024 By Greg Ritchie and Gautam Naik A strategy that’s delivered specialist investors huge returns is now facing scrutiny, amid concerns that its risk-reward dynamics might be...
Wildfire Near Athens Burns Area Nearly Twice the Size of Manhattan August 16, 2024 A European Union satellite mapping agency says 104 square kilometers (40 square miles) of land was burned northeast of Athens...
The Shaky Ground Below Istanbul Is Getting People Worried August 16, 2024 By Ugur Yilmaz When Turkish lender Denizbank paid more than $350 million for the building that houses its headquarters in April, the purchase...
Toxic Waste Bound for Thailand on Maersk, MSC Cargo Vessels to Return to Europe August 16, 2024 By K. Oanh Ha Shipping containers bound for Thailand allegedly filled with tons of hazardous industrial waste from Albania are now slated to return...
Ernesto Becomes Category 2 Hurricane as It Heads to Bermuda August 16, 2024 By Will Wade Ernesto strengthened into a Category 2 hurricane as it plowed northward toward Bermuda, threatening to drench the British territory with...