The number of Australians aged 65 and over will double by 2063 but...
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Moody’s RMS estimates $4 to 6 billion in economic losses from Hawaii Wildfires
Michael Young, Vice President, Product Management, Moody’s RMS,...
Miller announces new leadership roles in Asia
Ron Whyte, Head of Miller Asia, said: “Asia forms an important part...
More than 1 million new curable sexually transmitted infections every day
Timely and affordable testing and treatment are crucial for reducing the burden of STIs globally, alongside efforts to encourage people who are sexually active to get screened for STIs. WHO further recommends that pregnant women should be systematically screened for syphilis as well as HIV.
U.S. Judges Grapple with Youths’ Constitutional Challenge to U.S. Climate Policy
The young people argue that government officials have known for more than 50 years that carbon pollution from fossil fuels causes climate change and that policies promoting oil and gas deprive them of their constitutional rights.
Russia’s Aeroflot Cuts Superjet Flights After Fatal Crash in May
Flightradar24 data shows Aeroflot has also at times substituted Airbus or Boeing planes for the Superjet, the first new passenger jet developed in Russia since the Soviet Union collapsed.Fallout from the crash risks undermining the aircraft’s reputation at a time when Russia is promoting another domestically made passenger plane, the M-21, as a rival to Boeing and Airbus.
Climate scientists partner with McKinsey to push companies to self-regulate
In return, Woods Hole’s research could give McKinsey a lead into the business of helping companies adapt to a new reality ushered in by climate change – whether it be moving headquarters, planning for a heavy carbon tax or reaching a limit on the amount of insurance the U.S. government can offer.
Google faces privacy complaints in France, Germany, 7 other EU countries
The ruling by the EU court, expected in a few months, will help clarify to what extent social media companies such as Facebook must police posts by billions of users worldwide. The Luxembourg-based court follows the advice of its advocates general in a majority of cases.
World’s biggest firms foresee $1 trillion climate cost hit
Investor concerns over climate risk have risen sharply in parallel with an upsurge in climate activism in many countries as the heat waves, droughts, wildfires and super-storms fuelled by climate change have become harder to ignore.
Ship insurers ‘already charging’ war risk premium around Fujairah post-sabotage attacks
Given the circumstances in the Persian Gulf, it would be expected that underwriters are reviewing voyages on a case-by-case basis and acting according to the risk presented, Neil Roberts, secretary for JWC in the Lloyd’s Market Association, told S&P Global Platts.
SCOR raises $ 250 mn of Cat Bond
The capital shield policy is a strategic axis for SCOR. The Group has regularly used capital market solutions for this purpose, having completed 16 transactions since 1999, including cat bonds, sidecars, mortality bonds and innovative contingent capital protections.
APAC remains top shipping loss region despite lowest loss figures globally this century:Allianz
With cyber losses set to become more prominent, companies are focusing more on cyber security assessments while some insurers are looking to clarify “silent” exposures. However, more contingency planning and stress testing of systems needs to be done to combat the growing number of loss scenarios, while new services could also help.
India, China to account for half of air passenger growth in 2 decades: IATA
With more number of people making air travel, India was one of the fastest growing domestic aviation markets in the world for nearly five years continuously. However, the growth turned negative in April mainly due to flight cancellations and subsequent grounding of full service carrier Jet Airways.