António Guterres, Secretary-General of the United Nations,...
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Emerging Indian Risks: Managing political, technological, environmental, economic, and competitive forces
Neelesh Garg, Managing Director & CEO,TATA AIG General...
Cyber Risks: Frequency of large claims (>€1mn) up 14%, severity increase 17% in H1 2024
Worldwide, the average cost of a data breach reached an all-time...
Climate and Pandemics
Dr. Sousounis has highlights his observations of climate on historical pandemic outbreaks. He also discusses how climate, if not climate change, may affect the outcome of COVID-19 and future public health crisis’s
COVID-19: What companies are missing?
Policy making at many companies is scattershot,especially at those that haven’t yet seen the coronavirus directly. Many, such as professionalservices and tech companies, lean very conservative: their protection mechanisms often add to a perception of safety without actually keeping people safer.
Coronavirus: India could be next virus hotspot with an ‘avalanche’ of cases
Apart from its sheer size, India’s other challenge is the density of its population: 420 people live on each square kilometer (about 0.4 of a square mile), compared with 148 per square kilometer in China. Its cities are crammed with slums and low-income housing clusters where the living conditions are tight.
Coronavirus drives patients to online doctors, spurring telemedicine sector
As COVID-19 spreads across Europe, leaving new patients in its wake, the fear of infection and a saturated health-care system are driving large numbers of people online for medical consultations. Startups like General Atlantic-backed Doctolib and insurer AXA SA-supported Qare in France, Swedish Kry International AB’s unit Livi, the UK’s Push Doctor and Germany’s Compugroup Medical SE that offer up virtual doctors are raking it in.
What if you can’t afford to fight Coronavirus?
Nearly three-quarters of all deaths from infectious disease in 2016 happened in sub-Saharan Africa, South Asia and Southeast Asia. While just 5% of Europeans die from infections, the rate in Africa is more than 40%.(2) Conditions such as HIV, diarrhea and malaria have seen precipitous declines south of the Sahara in recent years, but diseases of the nose, throat and lungs like influenza remain far more prevalent. After cardiovascular and neonatal conditions, respiratory infections are now the leading cause of death in Africa.
Climate Risk:Singapore prepares itself with $72B Defense Plan
The idea is to make sure each generation contributes a fair share, without burdening future generations, said a spokesperson from the Ministry of Environment and Water Resources. With no hinterland to retreat to, Singapore has no choice but to invest long term to meet the impacts of climate change, the spokesperson said.
Negative interest rates turn saving, borrowing upside down
Four trillion euros worth of government bonds of the 19 countries that use the euro now yield less than zero. Trillions more in Japanese and other government bonds trade below zero around the world. Even Greece, which defaulted on government bonds in 2012 and carries the highest debt load in Europe, was able to sell three-month notes at a negative rate.
Renewable insurance plays an important role in Asia’s energy transition:Willis Towers Watson
with the renewable energy industry particularly susceptible to weather volatility, index-based solutions are being increasingly used to address power generation risks, wind and low solar as well as power price volatility and power outages not linked to physical damage.
ME’s $2 trillion wealth could just vanish in 15 years
Without decisive economic reforms, the richest Middle Eastern states could exhaust their net financial wealth by 2034 as the region becomes a net debtor, the fund projects. Within another decade, their total non-oil wealth would also be exhausted, the IMF said in the report prepared by a team of its Middle East and Central Asia specialists as well as the research department.
Digitalisation:Transforming The Insurance Industry
“As a result of digitalisation, insurers now have direct connection to their customers“, says Jeffrey Bohn, Chief Research & Innovation Officer at Swiss Re Institute. “With the availability of granular data, insurers can better segment customers enabling them to develop new tailored products and services, and refine existing ones in real time. This benefits customers and insurers alike.“