The effect is most pronounced when solar facilities are located...
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World Bank launches $200 million Jamaica Cat Bond
For cat bond investors, “current signals point to lower activity...
Iran war tests UAE’s safe-haven image
The UAE, a close ally of the United States and Israel, faced more...
Iran imposes checks, fees in Hormuz
New Delhi uses its embassy in Tehran to liaise with Iranian authorities, including the IRGC and the Iranian navy, which vets ships India wants to sail out of the Gulf, according to an Indian shipping ministry official. For many vessels, the route out of the Gulf and...
Insurers should treat hantavirus as a risk requiring case-specific attention, not as a systemic shock factor
Unlike COVID-19 or seasonal influenza, there is no risk of systemic accumulation or correlation among insured populations. There is also no evidence of sustained super spreading dynamics comparable to airborne respiratory viruses, explained SCOR.. Paris: Hantavirus...
Anthropic to let partners share Mythos cybersecurity findings with others
Mythos’ capabilities to code at a high level have given it a potentially unprecedented ability to identify cybersecurity vulnerabilities and devise ways to exploit them, according to experts. Anthropic said on Monday it is revising its earlier position to allow users...
FAA says it failed to address warning signals before fatal 2025 Washington D.C. collision
The National Transportation Safety Board determined the collision was caused by the FAA’s decision to allow helicopters to travel close to the airport without safeguards to separate them from airplanes, and its failure to review data and act on recommendations to move...
EU to force companies to buy components from non-Chinese suppliers, FT reports
Under the new legislation companies would be limited to buying about 30% to 40% of components from a single supplier and would have to source the rest from at least three different suppliers not coming from the same country, the FT said. The European Union is...
Aon announces regional leadership appointments in EMEA and Latin America
"As we continue to accelerate our Aon United strategy to serve clients with distinction at a time of rising need, we are excited to announce new regional responsibilities for Kai-Frank, Tracy-Lee and Pedro to help advance how we deliver for clients in and across our...
War becomes the number one political violence risk for more than 50% of companies globally:Allianz
"The political violence landscape across Asia remains volatile, with civil unrest in countries such as Indonesia and Nepal, as well as domestic regional tensions including those between Pakistan and India, and Cambodia and Thailand. While some of these events have...
Iran eyes $10 billion from crypto-based Hormuz insurance scheme
“Cryptographically verifiable insurance policies will be provided for shipments passing through the Persian Gulf, the Strait of Hormuz, and the surrounding waterways, and payments will be settled in Bitcoin,” Fars reported, citing the website hormuzsafe.ir, which...
Iran war leaves global companies facing $25 billion losses
The U.S.-Israeli war with Iran has already cost companies around the world at least $25 billion – and the bill is climbing, according to a Reuters analysis. A review of corporate statements since the start of the conflict by companies listed in the United States,...
Governments lead Asia’s $100 billion climate resilience push
Climate adaptation is slowly being seen as a potential target area for private investors rather than simply a government responsibility, particularly with expectations that projects and services aimed at bolstering resilience will post strong growth in coming decades....