Insurers Are Still Backing Oil and Gas Industry Despite Rising Climate Threat: Report November 9, 2023 By Gautam Naik Insurers are continuing to provide cover for increased oil and gas production even as they face large losses fueled by...
Lloyd’s to Invest $65M in Regions Affected by Transatlantic Slave Trade November 8, 2023 By Carolyn Cohn Lloyd’s of London will invest 40 million pounds ($49.6 million) in regions affected by the transatlantic slave trade, it said...
Climate’s ‘Catch-22’: Cutting Pollution Will Accelerate Global Warming November 3, 2023 By Jake Spring and David Stanway Air pollution, a global scourge that kills millions of people a year, is shielding us from the full force of...
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...