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ADB’s $1.70 mn study to develop multi-hazard early warning system for glacial lake outburst floods(GLOFs) in Himalayan region
Pushpendra Johari, senior vice president, sustainability,...
Cyberattack diverts ambulances, cripples patient records at major US health system
Cybersecurity experts say ransomware attacks have increased...
Wildfires, thawing permafrost pose new challenge to curb climate change: Study
As temperatures rise and permafrost thaws, carbon dioxide and methane trapped within the long-frozen soil are released. The deeper the thaw, the more gas is released.
That threatens to create a feedback loop that contributes to even more warming of the atmosphere, scientists warn in a study published in the journal Proceedings of the National Academy of Sciences.
London’s ‘Golden Age’ as Europe’s financial capital is over, says NatWest chair
“But although the City will remain Europe’s largest financial marketplace, its Golden Age as Europe’s financial capital is over,” said Davies, a former Deputy Governor of the Bank of England and Chairman of the UK Financial Services Authority.
U.K. Flying-Taxi hub aims to develop blueprint for aerial roads
The project, backed by 1.2 million pounds ($1.7 million) of government funds, involves construction of a centrally located hub that will host demonstration flights across the city of almost 400,000 people, according to Ricky Sandhu, founder of Urban-Air Port, which will operate the ground infrastructure.
U.K. is pushing for G-7 to adopt mandatory climate reporting
Under the proposals, the biggest companies would report annually on their exposure to risks and opportunities presented by climate change. It would follow guidelines set out in 2017 by the Task Force on Climate-Related Financial Disclosures.
WHO says authorised vaccines effective against new variants, but cautions against overseas travel
“Right now, in the face of a continued threat and new uncertainty, we need to continue to exercise caution, and rethink or avoid international travel,” Hans Kluge said, adding that “pockets of increasing transmission” on the continent could quickly spread. The so-called Indian variant, which may be more transmissible, has now been identified in at least 26 of the 53 countries in the WHO Europe region, Kluge said during his weekly press conference.
How Mumbai’s City Officials Made It More Covid-Ready Than Delhi
With a population of 16 million spread across glistening skyscrapers, apartment complexes and sprawling slums, Mumbai is the world’s second-most densely packed city, according to data from the United Nations. About 32,000 people are crammed in per square kilometer. That makes lessons from India’s financial capital particularly valuable as fears grow about outbreaks in other crowded places from Bangkok to Kathmandu.
Howden acquires specialist medical and healthcare broker MPRS
Founded in 2014 by James Dunsby and Chesney Phelps, MPRS is an award-winning insurance broker for medical professionals and healthcare organisations across the UK. It provides accident & health, professional liability, medical malpractice, and commercial combined cover for general practice, private practice and GP federations.
EU takes big step toward relaxing travel for vaccinated
The EU “Council will now recommend that member states ease some of the current restrictions” for those who have been vaccinated, said EU Commission spokesman Christian Wigand.
With $118bn losses, Aviation insurance industry seeks rate rises in 2021 renewals
• The International Air Transport Association warned that the industry is likely to continue to lose around $5-6billion per month in 2021 and passenger numbers are only likely to fully recover by 2024
USA and China to lead global insurance industry’s growth in 2021: Allianz
the USA (+5.3%) and China (+13.4%) are likely to be the two growth engines. Following the sharp slump in the previous year, the recovery in the life segment (+5.7%) will be somewhat stronger than in the p&c segment (+4.2%).
The strong growth should continue in subsequent years, driven by the increased focus on sustainability and the further rise of the emerging markets.
Globally, average growth of over 5% over the next ten years appears possible.