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Biden directs US federal agencies to mitigate financial risk from climate

by AIP Online Bureau | May 23, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy

President Joe Biden is directing federal agencies to develop a comprehensive strategy to identify and manage financial risks to government and the private sector posed by climate change. An executive order Biden issued Thursday calls for concrete steps to mitigate...

Canada unprepared for facing climate change induced mega-hurricane-risk:Swiss-re-

by AIP Online Bureau | May 23, 2021 | Climate, Environment, Renewable Energy, Disaster & Management, International News, Non-Life, Reinsurance, Risk Management

  Climate change is making hurricanes bigger and stronger, and it may soon push them farther north. Yet Canada’s homeowners, businesses and insurers underestimate that escalating risk, according to one of the world’s leading reinsurance firms....

Italy probes Allianz Direct, Zurich for alleged cartel among automobile insurers

by AIP Online Bureau | May 23, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

  MILAN: Italy’s antitrust watchdog said on Friday it had opened an investigation into an alleged cartel among insurance companies and insurance price comparison companies to limit competition for automobile insurance. In a statement, the Italian...

Hackers offer decrypt key to Irish Health Service with a catch

by AIP Online Bureau | May 23, 2021 | Eco/Invest/Demography, Health, International News, Risk Management, Technology

  A day after threatening to publicly release patient data, the hackers who targeted Ireland’s health service offered a decryption key that they said could be used to unlock computers infected with ransomware. While seeming to offer an olive branch —...

No reported case of COVID-19 transmission from animals to humans: PETA

by AIP Online Bureau | May 23, 2021 | Facts, Health, Pandemic

  Mumbai: Amidst the prevailing COVID-19 situation, People for the Ethical Treatment of Animals (PETA) has informed that there has been no reported case of transmission of COVID-19 from animals to human beings. While speaking to ANI, PETA India CEO, Manilal...
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