Hurricane Otis’ Impact on Mexico Insurance Industry Expected to Be ‘Controlled’: Fitch November 2, 2023 Fitch Ratings expects Hurricane Otis’ effects on Mexico’s insurance industry to be controlled and within its current ratings expectations, the...
Global Insurance Prices Continue to Stabilize in Q3 as US Cyber Premiums Drop: Marsh November 1, 2023 Global commercial insurance prices increased 3% in the third quarter of 2023, the same as the prior quarter, according to...
Threat of Haywire Artificial Intelligence Prompts Calls for Development Pause, AXA Says October 31, 2023 By Romaine Bostick Governments are ill-prepared for the hazards brought on by artificial intelligence and development should be paused, according to a new...
New York Fed to Present Research on Impact of Extreme Weather Events October 26, 2023 The Federal Reserve Bank of New York announced it will release a nine-part blog series on the economic and financial...
Faster Melting of the West Antarctic Ice Sheet Is ‘Unavoidable’ October 24, 2023 By Sana Pashankar The West Antarctic ice sheet is set to melt faster even if the world rapidly cuts emissions, according to a...
UK Staff Coming Into the Office Now Outnumber Hybrid Workers: Survey October 23, 2023 By Irina Anghel British workers coming into the office every day outnumber those who spend part of the week working from home, for...
Ransomware Criminals Aiming at Third-Party Vendors in Hunt for ‘Big Game’ October 20, 2023 By Jim Sams Ransomware victims have become less likely to pay extortion demands, but cyber criminals are changing their tactics by hitting third-party...
‘Urgent Need’ to Understand Single Points of Failure in Digital Supply Chains: Report October 19, 2023 By L.S. Howard The rise of cyber risk accumulation events has highlighted the need for cyber insurers and reinsurers to understand single points...
Net-Zero Investor Group Reports Financing Activities Lead to Emissions Decline October 18, 2023 By Alastair Marsh A $9.5 trillion investor group that includes Allianz SE, Legal & General Plc and the California Public Employees’ Retirement System...
Major Cyber Attack Could Cost Global Economy $3.5 Trillion: Lloyd’s October 18, 2023 A cyber attack on a major financial services payments system could result in widespread business disruptions, potentially costing the global...