Claudia Strametz, who leads Munich Re's business for Germany and...
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Soteria Surveyors & Loss Adjusters enters associate agreement with Charles Taylor Marine Technical Services in Qatar and India
The associateship will ensure a rapid, consistent and expert...
Insurance Development Forum raises $340 million for Infrastructure Resilience Development Fund
This debt fund will invest in small to medium-sized commercial...
ADB’s $1.70 mn study to develop multi-hazard early warning system for glacial lake outburst floods(GLOFs) in Himalayan region
Pushpendra Johari, senior vice president, sustainability, RMSI ``There's some progress in the case of GLOF, with studies emerging and consultations sought from experts like in the case of Nepal. ADB study for Bhutan and Nepal will include climate and disaster...
Cyberattack diverts ambulances, cripples patient records at major US health system
Cybersecurity experts say ransomware attacks have increased substantially in recent years, especially in the health care sector. Increasingly, ransomware gangs steal data before activating data-scrambling malware that paralyzes networks. The threat of making stolen...
Flash floods, cold lava flow hit Sumatra, Indonesia, killing 15 people
The 2,885-metre (9,465-foot) Mount Marapi erupted late last year killing 23 climbers who were caught by a surprise weekend eruption. The volcano has stayed at the third highest of four alert levels since 2011, indicating above-normal volcanic activity under which...
First person in US to receive pig kidney dies months after transplant
Richard "Rick" Slayman had the transplant at Massachusetts General Hospital in March at the age of 62. Surgeons said they believed the pig kidney would last for at least two years The first recipient of a genetically modified pig kidney transplant has died nearly two...
White House wants cybersecurity standards on hospitals
The proposal may extend beyond hospitals too. The administration intends to issue a notice of proposed rulemaking in coming weeks to bring in minimum cybersecurity requirements for entities that receive money from Medicare and Medicaid, according to a US official, who...
China Construction Bank sued in U.S. over reinsurance fraud losses
The bank allowed employees to conspire with Israeli insurance startup Vesttoo Ltd. to sell reinsurance policies that weren’t real, according to a complaint filed late Thursday by the Porch Group in Manhattan federal court. Vesttoo filed for Chapter 11 bankruptcy in...
Flooding forecast to worsen in Brazil’s south, poor hit hard
Weather across South America is affected by the El Nio climate phenomenon, a naturally occurring event that periodically warms surface waters in the equatorial Pacific. In Brazil, El Nio has historically caused droughts in the north and intense rainfall in the south,...
Severe solar storm brings dazzling Aurora, threatens to trigger blackouts
The danger is that the storms can inject direct current into alternating current transmission lines, as well as sending low pulses of electricity through things like railroad tracks and pipelines. Some GPS signals may be lost during the event A severe solar storm this...
El Nino to end by June, La Nina seen in second half of 2024, says U.S. forecaster
Hot, dry weather in Asia during El Nino last year prompted top rice supplier India to restrict exports following a poor monsoon, while wheat output in No.2 exporter Australia took a hit. But heavier rains in parts of the Americas boosted farm output prospects in...
Why has AstraZeneca recalled Covid-19 vaccine
The British-Swedish multinational pharmaceutical is also being sued by more than 50 alleged victims and grieving relatives in a High Court case in the UK New Delhi: In a significant move, pharma giant AstraZeneca has recalled its Covid-19 vaccine, made in...