by AIP Online Bureau | Jan 7, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Policy
“Climate change is having an impact. The models that we’ve traditionally used are having to change because the climate is changing. That’s something that I know the Bureau is working hard on, but unfortunately, the reality is that climate change means that we are...
by AIP Online Bureau | Jan 7, 2024 | Banking & Bancassurance, Disaster & Management, Eco/Invest/Demography, International News, Policy, Regulation, Risk Management
The exercise will assess how banks respond to and recover from a cyberattack, rather than their ability to prevent it. As part of the exercise, 28 banks will undergo an “enhanced” assessment, under which they will have to submit additional information on how they...
by AIP Online Bureau | Jan 7, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Nuclear power plants dot the coast of mountainous Japan, which is prone to earthquakes and tsunamis due to its location on the seismically active “Ring of Fire” around the Pacific Ocean The powerful earthquake that hit Japan’s western coast on New Year’s Day has...
by AIP Online Bureau | Jan 7, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Risk Management, Technology
After years of testing, Aurora Innovation Inc., Kodiak Robotics Inc. and Gatik AI Inc. expect to remove safety drivers from trucks that are being guided by software and an array of sensors including cameras, radar and lidar, which sends pulses of light that bounces...
by AIP Online Bureau | Jan 7, 2024 | International News, Risk Management, Technology
Apple in 2020 agreed to pay up to $500 million to settle a class-action lawsuit in the US that accused the iPhone maker of “secretly throttling” some iPhone models San Francisco: Apple has started sending payments to the affected iPhone users as part of...
