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WHO declares mpox a global public health emergency for second time in two years
An emergency committee met earlier on Wednesday to advise WHO...
Goldman Sachs’ fund division to leave climate investor group
U.S. members of global climate-focused coalitions have come under...
Malaysia, 1MDB seeking more than $5.6 bln in damages from KPMG partners
Audit firm KPMG on Friday denied the allegations and pledged to “vigorously” contest the suit filed against 44 current and former partners and linked to its audit of 1MDB’s financial statements between 2010 to 2012
London fintech funding soars in first half of the year
London fintechs accounted for a large share of Europe’s growth, representing over a third of the region’s funding.
Globally, the city of London ranks second behind San Francisco and slightly ahead of New York, the research found.
Next pandemic risk: Woman dies after infection with two Covid-19 variants
The idea of multiple infections isn’t completely new. In January, Brazilian scientists reported two cases of Covid-19 co-infection, but the study hasn’t yet been released in a scientific journal. Researchers have also previously found evidence of people becoming infected with multiple strains of influenza. The cases suggest co-infection might be more common than currently known.
G20 recognizes carbon pricing as climate change tool for first time
“It is the first time in a G20 communique you could have these two words ‘carbon pricing’ being introduced as a solution for the fight against climate change,” French Finance Minister Bruno Le Maire told reporters. “We have been pushing very hard to have these two words … introduced into a G20 communique.”
Amazon’s online store down for many users globally
Its online store showed error messages on several regional domains. Reuters could not access product listing on its domains including, the United States, India, Canada, the United Kingdom, France and Singapore.More than 37,00 user reports had indicated issues with Amazon’s online store site, while about 280 users reported problems with the Amazon Web Services, according to Downdetector.
Miller &Guy Carpenter announce new appointments
Seema brings over 16 years of industry experience to Miller, joining from Mar Risk Services where she most recently led its marine team and held a position on the Board.
Guy Carpenter, LLC, a leading global risk and reinsurance specialist and a business of Marsh McLennan, announced the appointments of Matt Petka as Managing Director and Riley Underwood as Senior Vice President within its GC Access business unit, with immediate effect.
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