by AIP Online Bureau | Aug 15, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life
The Italian island of Sicily may have just smashed continental Europe’s heat record, the latest example of how climate change is causing extreme weather events around the globe. Temperatures there reached 48.8 degrees Celsius (119.8 Fahrenheit) on...
by AIP Online Bureau | Aug 15, 2021 | Eco/Invest/Demography, International News, Risk Management, Technology
New Delhi: The global retail sector faced the highest level of ransomware attacks during 2020, with 44 per cent of organisations hit (compared to 37 per cent across all industry sectors), according to a report by UK-based cybersecurity firm Sophos on Wednesday....
by AIP Online Bureau | Aug 15, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
The worst wildfires in decades have killed at least 65 people in Algeria’s forested mountains, making it the latest Mediterranean nation to be struck by devastating blazes as temperatures have risen to unprecedented highs. France offered help, including...
by AIP Online Bureau | Aug 15, 2021 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Zurich: A deep winter freeze, hailstorms and wildfires contributed to natural catastrophe losses of USD 40 billion in the first half of 2021, according to Swiss Re Institute’s preliminary sigma estimates. This is above the previous ten-year average of USD...
by AIP Online Bureau | Aug 15, 2021 | International News, Life, Non-Life, Technology
China’s banking and insurance watchdog is stepping up scrutiny of the nation’s insurance technology platforms, widening a regulatory dragnet that has roiled global investors. The regulator ordered companies and local agencies to curb improper...