Keir Starmer, Prime Minister, UK "I can't, in all honesty,...
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Gold vaults $3,000 in rush for safety from market, political worry
"There will likely be increased flows into safe-haven assets like...
American Airlines jet engine catches fire after landing in Denver, passengers evacuated
The engine fire is the latest in a series of high-profile aviation...
Global coalition with insurers devise tool to measure Workplace Mental Health
The assessment, known as the Mental Health at Work Index, will score the effectiveness of an organization’s mental-health programs and recommend enhancements. The goal is to “help define what good looks like,” said Christina McCarthy, executive director of One Mind at...
IMF says up to 20 countries could require emergency assistance to ease food crisis
"Of the 48 countries, about 10-20 are likely to be asking (for emergency assistance)," Georgieva said, adding that "quite a lot of them" are in sub Sahran Africa. "We are here for you," . IMF Managing Director Kristalina Georgieva promised members The International...
Insured losses to onshore property for Hurricane Ian to range from $ 42 billion to $ 57 billion: Verisk
Wind damage of USD 38 to 51 billion comprises the majority of the loss estimate Storm surge (excluding losses from the NFIP) account for USD 3 to 5.5 billion of the loss estimate, and inland flood less than USD 1 billion Boston: Verisk estimates that insured losses to...
Cholera outbreaks surging worldwide, fatality rates rising – WHO
The average fatality rate so far this year has almost tripled compared with the five-year average and is currently around 3% in Africa, he added. While most of those affected will have mild or no symptoms, cholera can kill within hours if untreated. Cholera cases have...
Florida (Re)insurers to withstand Hurricane Ian, Specialists at risk, says Fitch
Florida is expected to have substantial economic and insured losses from hurricane Ian from heavy rainfall, storm surge and flooding. Based on our initial analysis, insured losses could range from $25 billion-$40 billion for Florida, which could increase depending on...
By 2030, 1.4 billion people will be at least 60 years old: UN
Secretary-General António Guterres reminded that this pledge is enshrined in the Sustainable Development Goals (SDGs), adding that lifelong learning, strong social protection, accessible quality long-term healthcare, bridging the digital divide, intergenerational...
Australian police seek to protect 10,000 customers after Optus hack
Under Australian law, official documents are assigned point scores that can be used for identity verification purposes to clear sensitive transactions, which typically demand at least 100 identification points. The stolen data included passport numbers, which are...
Death toll in Florida uncertain as Ian takes aim at Carolinas
The storm transformed Florida's southwestern shoreline, dotted with sandy beaches, coastal towns and mobile home parks, into a disaster zone as Ian swept seawater into waterfront homes. Ian, one of the strongest storms ever to hit the U.S. mainland, flooded Gulf Coast...
Gallagher Re makes strategic appointments to further enhance service capability in Asia Pacific
Mark Morley, Managing Director, Head of Asia Pacific, commented: “As we continue to invest in the depth and capability of our offering across Asia Pacific, appointments such as these ensure that Gallagher Re is positioned to serve the evolving requirements of our...
One of strongest storms Hurricane Ian to make landfall in Florida
Samantha Montano, an assistant professor of emergency management at Massachusetts Maritime Academy, said the powerful winds may not do the worst damage. “Certainly, the wind threat is significant with this storm,” said Montano. “But I think it’s definitely from the...