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Brokerslink appoints Tushar Thakker as its new regional manager for APAC region
The new Steering Team for Asia Pacific includes- Tony Lim, CEO of...
Aon names Anshuman Srivastava as Reinsurance Global Chief Broking Officer
“As we navigate an evolving reinsurance landscape, our clients are...
Net zero goal calls for USD 5 trillion in annual green investments: IMF
Of the 50 per cent cut to emissions needed by 2030 to stay on track for the 1.5-degree target, more than 80 per cent can be achieved from technologies available today. Getting to net zero by 2050 will, however, require technologies that are still under development or...
Spiraling climate costs make insurance unaffordable for some Australians
Over a million households now face home insurance affordability stress, As a growing number of people dump or scale back their insurance, a “protection gap” is emerging, said Andrew Hall, head of the Insurance Council of Australia Increasing numbers of Australians are...
China ministry seeks more fever clinics to combat respiratory illness surge
The spike become a global issue last week when the World Health Organization asked China for more information, citing a report on clusters of undiagnosed pneumonia in children by the Program for Monitoring Emerging Diseases Beijing: A surge in respiratory illnesses...
WHO asks China for more information about rise in illnesses, pneumonia clusters
Outside scientists said the situation warranted close monitoring, but were not convinced that the recent spike in respiratory illnesses in China signalled the start of a new global outbreak Geneva: Chinese officials say they did not detect any ''unusual or novel...
Corporate America is rethinking diversity hiring
America First Legal — founded by Stephen Miller, a former senior adviser to President Donald Trump — has lodged complaints with the US Equal Employment Opportunity Commission against more than 20 companies, including American Airlines Group Inc., Macy’s Inc.,...
Number of global climate-related court cases rise almost three times in last 6 yrs
In the last five years, the number of climate-related court cases that have been filed around the world more than doubled, according to a 2023 report by the U.N. Environment Programme (UNEP) and New York’s Columbia University, from 884 filed by 2017 to nearly 2,500 as...
Australia unveils cybersecurity ramp up after port cyberattack
Under the new cybersecurity strategy, the government will take measures to better protect consumer data and improve coordination on preventing hacking attempts. O’Neil has committed to work with businesses to create a mandatory reporting structure for ransomware...
BIS sees climate losses hitting governments as insurers exit
Financial watchdogs are stepping up scrutiny of insurers to monitor the developing risks as the industry retreats from markets deemed too risky to cover. BIS researchers are urging the industry, governments and regulators to work together to ensure there’s adequate...
Sony facing $7.9 bln mass lawsuit over PlayStation Store prices
Sony Interactive Entertainment (SIE) was sued last year on behalf of nearly 9 million people in the United Kingdom who had bought digital games or add-on content through Sony's PlayStation Store. Alex Neill, a consumer advocate who has worked on previous campaigns, is...
Climate vulnerable nations could get insured for $10 mln a year each -research
With rich nations under pressure to fill the pot, researchers from the University of Cambridge's Institute for Sustainability Leadership said they had reached a "breakthrough" in understanding how to use this money to protect countries from the spiralling cost of...