"Many of 2023's events are consistent with projected future changes...
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Dubai floods: Climate change making extreme weather events like heat and rain more intense
El Niño, the climate phenomenon that makes seas warmer and alters...
States sue to block US rules curbing tailpipe emissions in cars, light trucks
Republican-led states also have challenged the U.S. Securities and...
Australians assess flood damage, accelerate clean-up
The Insurance Council of Australia, the main industry body, said more than 25,600 insurance claims worth about A$385 million($293.1 million) had been lodged by Friday and it expects more to be filed.
Software vendors would have to disclose breaches to U.S. govt users under new draft order: Report
The proposed order would adopt measures long sought by security experts, including requiring multi-factor authentication and encryption of data inside federal agencies.
The order would impose additional rules on programs deemed critical, such as requiring a “software bill of materials” that spells out what is inside. An increasing amount of software activates other programs, expanding the risk of hidden vulnerabilities.
Canada votes to collect data to document ‘environmental racism’
“For too long, people just didn’t realize that some people were being exposed to more toxins than others simply because of the color of their skin,” said Lenore Zann, a Liberal Party parliamentarian from Nova Scotia and the Canadian bill’s sponsor. “It’s time that we address that and change our behavior as a society,” she said
Stranded Suez ship’s owner, insurers face millions in claims
The ship’s owner, Japanese firm Shoei Kisen KK, and its insurers could face claims from the SCA for loss of revenue and from other ships whose passage has been disrupted, insurers and brokers said.
Container ships of this size are likely insured for hull and machinery damage of $100-140 million, insurance sources say. The ship was insured in the Japanese market, two of the sources said.
EU must clarify relationship between cyber security rules to give insurers legal certainty across Europe
Beyond their own cyber security, insurers, as providers of cyber insurance products, have a key role to play in increasing the cyber resilience of the EU.
AXA XL names Jennifer Schipf as global chief underwriting officer, Fine Art & Specie
In this new global role, she will be leading the company’s regional FAS teams to further strengthen underwriting capabilities across established and emerging markets.
Climate change set to drive more deadly heat in South Asia
If warming hits 2C, the number of South Asians exposed to unsafe temperatures could rise two-fold, and nearly three times as many people could face lethal heat, the study said. In a region home to a quarter of the world’s population that could have a big impact on the ability of workers to produce crops in breadbasket regions such as West Bengal and Uttar Pradesh in India and Punjab and Sindh in Pakistan, study authors said.
AstraZeneca vaccine’s global rollout faces more complications
That could delay supplies to dozens of lower-income countries also relying on SII production under the COVAX vaccine-sharing scheme backed by the World Health Organization.
India delays big exports of AstraZeneca shot, including to COVAX, as infections surge
“We understand that deliveries of COVID-19 vaccines to lower-income economies participating in the COVAX facility will likely face delays following a setback in securing export licences for further doses of COVID-19 vaccines produced by the Serum Institute of India (SII), expected to be shipped in March and April,” UNICEF said in an email. “COVAX is in talks with the Government of India with a view to ensuring deliveries as quickly as possible.”
UK proposes requiring businesses to disclose climate risks by 2022
Under the TCFD’s(Task Force on Climate-related Financial Disclosure ) recommendations, companies are urged to disclose the actual and potential impacts of climate change on their business, as well as explain how they identify and manage such risks and opportunities.A move to make such disclosure mandatory in Britain is seen as a big step towards a new set of global standards.The ministry said it was backing a move by the IFRS Foundation, which writes global accounting rules, to develop international sustainability-related reporting standards.