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Lawsuits targeting ‘Climate Washing’ becoming more frequent
Over 2023 some 233 new climate-related cases were filed worldwide,...
After Oil, Russia may be building a shadow fleet for gas
Gas is key to the Kremlin’s plans to boost exports, replenish...
Insurers face $4.5 billion+ damage bill from costliest severe storm period on record in Europe, Aon Catastrophe Report
Total aggregated insurance impacts from the SCS outbreaks between June 17 and 30 constitute the costliest stretch of severe weather in European history and fifth costliest globally, with combined losses preliminarily estimated by the national insurance sectors at $4.5 billion, surpassing the previous European record of $4.3 billion set by storm Andreas in 2013. Insurers in Austria, Switzerland and the Czech Republic recorded their costliest stretches of severe weather on record, while Germany experienced the second costliest.
Report also highlights devastating impact of record-setting heatwaves in U.S. and Canada
Sompo International Commercial P&C sets up Sompo Global Risk Solutions Asia-Pacific, expands multinational capabilities
Initially, Sompo GRS Asia-Pacific will seek to write business and offer its white glove service model in China, India, Japan (for Sompo GRS clients only), Macao, Hong Kong and Singapore. Thereafter, Sompo GRS Asia-Pacific ultimately intends to serve additional countries throughout the region.
Delta variant cases mark 32% weekly increase in UK, vaccine protection high
The data continues to show that the sharp increase in cases that we are seeing is not being followed by a similar increase in hospitalisation and death, said Dr Jenny Harries, Chief Executive of the UK Health Security Agency.
This is because two doses of the available vaccines offer a high level of protection against the Delta variant. Getting both jabs is the best way to ensure you and the people you love remain safe, so we once again urge everyone to come forward as soon as they are eligible, she said.
Pakistan-based hackers targeting critical infrastructure PSUs in India
Seqrite researchers have proactively alerted the government authorities and are working with them to keep potential targets safe.
Researchers suspect this attack to be a cyber-espionage campaign aimed at collecting sensitive information to gain a competitive advantage against India
Child mental health crisis ‘magnified’ by COVID, warns UN chief
“I also urge governments to take a preventive approach by addressing the determinants of mental well-being through robust social protection for children and families”, he added, saying that mental health and psychosocial support, together with community-based approaches to care, are “integral to universal health coverage. They cannot be its forgotten part.”
Time running out for countries on climate crisis front line
The Secretary-General reminded that the climate impacts we are seeing today – currently at 1.2 degrees above pre-industrial levels – give the world a glimpse of what lies ahead: prolonged droughts, extreme and intensified weather events and ‘horrific flooding’.
“Science has long warned that we need to limit temperature rise to 1.5 degrees. Beyond that, we risk calamity… Limiting global temperature rise is a matter of survival for climate vulnerable countries”, he emphasized.
Pfizer to seek US nod for third dose of Covid-19 vaccine to boost immunity
On Thursday, Pfizer’s Dr. Mikael Dolsten told The Associated Press that early data from the company’s booster study suggests people’s antibody levels jump five- to 10-fold after a third dose, compared to their second dose months earlier.
11 people die of hunger each minute around globe, 155 mn in crisis: Oxfam
The humanitarian group also said that 155 million people around the world are now living in crisis levels of food insecurity or worse some 20 million more than last year. Around two thirds of them face hunger because their country is in military conflict.
Today, unrelenting conflict on top of the COVID-19 economic fallout, and a worsening climate crisis, has pushed more than 520,000 people to the brink of starvation, added Maxman.
52 killed In Bangladesh factory fire, building still in flames
The country has pledged reforms since the Rana Plaza disaster in 2013 when a nine-storey complex collapsed killing more than 1,100 people. But critics say safety standards are still lax.
In February 2019, at least 70 people died when an inferno ripped through Dhaka apartments where chemicals were illegally stored.
The latest fire broke out at Hashem Food and Beverage factory in Rupganj, an industrial town outside Dhaka, on Thursday afternoon and was still raging almost 24 hours later.
Chip shortage pushes China automobile sales down 12.4% in June
Sales of new energy vehicles (NEVs) including battery-powered electric vehicles, plug-in petrol-electric hybrids, and hydrogen fuel-cell vehicles maintained their strong momentum, jumping 139.3%, with 256,000 units sold last month.