The loss of two CEOs and a chairman in a year is of historic...
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Britain’s JLR hit by cyber incident that disrupts production, sales
The automaker is the latest British company to be hit by a cyber...
$152 Billion and Rising: Insurance industry facing growing average annual losses from natural catastrophes
The 2025 Global Modeled Catastrophe Losses Report notes a $32...
World’s workers increasingly at risk as climate changes, ILO says
Workers, especially the world’s poorest, are more vulnerable than the general population to the dangers of climate extremes such as heatwaves, droughts, wildfires and hurricanes because they are often the first exposed or exposed for longer periods and at greater...
Swiss Re launches Swiss Re Life Guide Scout, a Generative AI-powered underwriting assistant
Catrin Hinkel, CEO Microsoft Switzerland, said, "By integrating Microsoft Azure OpenAI, Swiss Re can unlock the power of advanced analytics and Generative AI to provide new capabilities to the insurance market through a secure, compliant, and reliable cloud...
WHO launches Patient Safety Rights Charter at Global Summit
“Everyone, everywhere, has the right to safety as a patient. The launch of the Charter is a tangible step forward in achieving a safer, more equitable world. The charter will be a key resource in assisting countries in integrating essential concepts such as patient...
World Bank and IMF meetings fail to finalise a concrete plan for climate finance
Rich countries are expected to raise more than the $ 100 billion they promised to provide every year from 2020, but repeatedly failed The annual World Bank and IMF meetings have wrapped up without a concrete plan to mobilise the trillions of dollars needed to fight...
Many extreme events of 2023 in line with predictions of warmer world study finds
"Many of 2023's events are consistent with projected future changes in a warmer world, showing the challenges that are to come, while some were a surprise, suggesting there is still more to learn about what's potentially around the corner," Wenxia Zhang from the...
Dubai floods: Climate change making extreme weather events like heat and rain more intense
El Niño, the climate phenomenon that makes seas warmer and alters weather patterns globally, may have affected the storm. Climate change can’t be ruled out as a factor, though more detailed studies are needed to establish its exact influence, several climatologists...
States sue to block US rules curbing tailpipe emissions in cars, light trucks
Republican-led states also have challenged the U.S. Securities and Exchange Commission's corporate climate disclosure rules, the U.S. Energy Department's pause on approvals for new liquefied natural gas export facilities and EPA rules toughening standards for air...
Investor climate group to go for assets in private equity, debt
The Net-Zero Asset Owner Alliance, whose pension fund and insurer signatories manage $9.5 trillion in assets, said the new Target-Setting Protocol was its most ambitious yet to help halve emissions by 2030 and get to net-zero emissions by mid-century The world’s...
El Niño to trigger drought insurance payouts in four southern African states
El Nino, which brings dry and hot weather to Southern Africa, has decimated harvests of corn across the region. Zimbabwe is expected to harvest about 60% less of the regional staple this year than it did in 2023 and together with Malawi and Zambia has declared a...
Dubai faces heavy disruption as flooding worsens
The heavy rains across the desert nation came after cloud seeding. The UAE has been carrying out seeding operations since 2002 to address water security issues, but the lack of drainage in many areas can trigger flooding, including in cities such as Dubai that’s a...