Glut of Plastic Polluting World’s Oceans Is Growing Fast: Research March 9, 2023 By Leslie Kaufman There are more than 170 trillion tiny plastic particles — or 2 million tons of them — floating on the...
Climate Change to Cost Germany Up to €900B by 2050: Study March 7, 2023 Extreme weather caused by climate change could cost Germany up to 900 billion euros [$957.2 billion] in cumulative economic damage...
Global Insurance M&A Hits 10-Year High, Despite Slowdown in H2 2022 February 28, 2023 The insurance sector saw 449 completed mergers and acquisitions (M&A) worldwide during 2022, up from 418 the previous year –...
Plastic Consumption on Track to Nearly Double by 2050: Research February 27, 2023 Plastic use in G20 countries is on course to nearly double by the middle of the century unless a comprehensive...
Cyber Insurance Market Back From Brink After Onslaught of Ransomware Attacks February 27, 2023 By Max Reyes The cyber-insurance market, battered by a rash of pandemic-era ransomware attacks, is making a comeback. Price hikes are moderating, new...
Declines in Maternal Death Rates Stall Amid Increases in U.S., EU February 24, 2023 By Tanaz Meghjani Declines in pregnancy- and childbirth-related deaths that took place over a decade and a half have stalled since 2015, as...
Moody’s RMS Estimates $5B Insured Losses From Turkey Quake as Costs Keep Mounting February 23, 2023 The economic and insured losses from the earthquakes that hit southern Turkey on Monday, Feb. 6 continue to escalate as...
Turkey Earthquakes to Cost Insurers $2.4 Billion: Karen Clark & Co. February 16, 2023 Catastrophe modeling firm Karen Clark & Co. (KCC) said on Thursday it expects insured losses of $2.4 billion from the...
Earthquakes in Turkey to Cost Insurers More Than $1 Billion, Verisk Estimates February 14, 2023 Economic losses for the Feb. 6, 2023 earthquakes in Turkey will likely exceed US$20 billion, while insured losses will likely...
Global Reinsurers to Bear Bulk of Losses From Turkey-Syria Earthquake: Fitch February 9, 2023 Most insurance payouts due to the earthquake that hit Turkey and Syria ultimately will be borne by global reinsurers, according...