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Nuclear-powered ships may reshape trade with cleaner, faster transport, to pose problems for insurance
Commercial insurance companies won’t provide coverage for ship that...
Florida focused insurtech Slide plans to $340 million US IPO
Slide and some of its existing stakeholders are looking to raise up...
‘Long COVID’ may obstruct return to normal life for 36 million Europeans: WHO
Over the first three years of the global health emergency, 36 million people across the region may have experienced “long COVID”, a complex condition that scientists still know very little about, according to data from WHO’s partner, the Institute for Health Metrics...
New rules aim to clamp down on corporate greenwashing
The norms published on Monday have been written by the International Sustainability Standards Board (ISSB) as trillions of dollars flow into investments that tout their environmental, social and governance credentials David Harris, head of sustainable finance...
Australia regulator tells Medibank to set aside $167 mln after data breach
Medibank last year disclosed that a hacker stole the personal information of 9.7 million current and former customers and released the data on the dark web in one of Australia's biggest data thefts. At least three separate class action suits have been filed against...
APAC sees economic loss of $ 80 billion and $11 billion insured claims out of catastrophes and natural disasters in 2022
George Attard, chief executive officer, Reinsurance Solutions, Asia Pacific at Aon said, "The extreme weather in the region throughout the year highlights the continuing need to strengthen resilience by adopting effective adaptation and risk management strategies....
Standard Life partners with TCS to revamp customer experience for European policyholders
With this partnership, TCS will set up a customer operations center in Germany, and a future-ready Life and Pensions Digital Platform for Germany and Austria, with capabilities to extend into other European markets FRANKFURT/ MUMBAI: Tata Consultancy Services (TCS)...
Fabrice Brégier appointed chairman of SCOR’s board of directors
Fabrice Brégier non-executive Chairman, SCOR The SCOR directors comment: “His wealth of experience at the head of major international groups and his in-depth knowledge of corporate governance are solid assets for SCOR, as the Group gains fresh momentum. He and Thierry...
Allianz Global Corporate & Specialty SE appoints a new CFO
Munich: Allianz Global Corporate Specialty SE (AGCS) has appointed Oskar Buchauer, currently head of Allianz Group Actuarial, Planning and Controlling and Group Chief Actuarya as new chief financial officer (CFO) to its board of management. With effect from September...
Canada energy sector under threat from Russia-aligned hackers, spy agency says
The Communications Security Establishment (CSE) signals intelligence agency said Russia had repeatedly deployed destructive cyber attacks against its adversaries as geopolitical crises escalate Russia-aligned hackers could seek to disrupt Canada’s powerful oil and...
EU banks ready to expand risk models to manage climate-change fallout: Survey
The results indicate that banks are increasingly concerned about the potential of global warming to hurt asset values. The industry also faces a December deadline by the European Central Bank to reflect climate risks in their governance, strategy and risk management...
Titanic sub: victims’ families could still sue despite liability waivers
Waivers are not always ironclad, and it is not uncommon for judges to reject them if there is evidence of gross negligence or hazards that were not fully disclosed “If there were aspects of the design or construction of this vessel that were kept from the passengers...