Weather catastrophes were responsible for 93% of overall losses and...
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Lloyd’s CEO John Neal to join Aon as global Reinsurance CEO and chairman of climate solutions
John Neal Neal, after six years in Lloyd's as a CEO, will play an...
Wildfires rage in Los Angeles, forcing tens of thousands to flee
Numerous buildings were destroyed and nearly 3,000 acres (1,200...
Monkeypox formidable challenge to world: WHO
While the Covid pandemic is “most certainly not over. We face a formidable convergence of disease, drought, famine and war, fuelled by climate change, inequity and geopolitical rivalry”, Ghebreyesus said Geneva: Even as the world is not over the pandemic yet, it is...
Climate change boosted cost of Japan storm by $4 Billion, study shows
The research on extreme weather in Japan is the latest assessment of how inaction on curbing fossil fuel emissions is rapidly accelerating the cost of recovery and insuring people and property in the paths of more destructive storms The effects of human-caused climate...
Crypto ‘worth nothing’, should be regulated: ECB Prez Christine Lagarde
Christine Lagarde,European Central Bank President Lagarde told Dutch television that she’s concerned about people “who have no understanding of the risks, who will lose it all and who will be terribly disappointed, which is why I believe that that should be...
Farmer sues VW over climate change; German court has doubts
“Farmers are already being hit harder and faster by climate change than expected,” he told reporters this week, alleging that VW as the world's second-biggest automaker has contributed to the damage A court in Germany cast doubt on Friday on claims by a German farmer...
WHO calls emergency meeting as monkeypox cases cross 100 in Europe
In what Germany described as the largest outbreak in Europe ever, cases have been reported in at least eight European countries – Belgium, France, Germany, Italy, Portugal, Spain, Sweden and the United Kingdom - as well as the United States, Canada and Australia The...
PWC partners with due diligence tech startup Neotas to combat financial crime
The Neotas platform will enable PwC’s integrity due diligence “RADAR” service offering to scale, to address new risk domains including ESG, financial solvency, social media and more from a single centralised platform Global professional services giant PwC will combat...
‘We are going to die’: Sri Lanka warns of food shortages
"I sincerely urge everyone to accept the gravity of the … situation." Sri Lanka is facing a dire shortage of foreign exchange, fuel, and medicines, and economic activity has slowed to a crawl,''said Prime Minister Ranil Wickremesinghe Sri Lanka's prime minister has...
SpaceX paid $250,000 to settle sexual harassment claim against Musk: Report
Elon Musk,CEO & Founder, SpaceX The attendant alleged that Billionaire Elon Musk exposed himself and propositioned her during a flight in a private room on the plane, according to the friend, the report said. Musk offered to buy the attendant a horse in exchange...
SCOR to stop covering new oil field production projects from 2023
To double the coverage for low carbon energies by 2025 SCOR has a longstanding commitment to fighting climate change, undertaking numerous actions to help reduce greenhouse gas emissions and facilitate the just transition to a low carbon economy Paris: During the...
Tesla bets it can bring down insurance costs, make driving safer
The insurance offering — a passion project for CFO Zachary Kirkhorn — is currently available in just eight states, including California, Illinois and Texas. During the last earnings call, Kirkhorn said Tesla had become the second-largest insurer of its cars in the...