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Exec tells first UN council meeting that big tech can’t be trusted to guarantee AI safety
Jack Clark, co-founder of the AI company Anthropic warned of...
Morgan Stanley moves 200 technologists out of China on data law – Bloomberg News
The U.S. views the new counterespionage law as a potentially...
Heatwave death threat to world’s vulnerable
When you look at climate change as a public health issue, it really turns it on its head. It isn’t just affecting polar bears or rainforests, it’s something that affects communities, children, families in the UK and Europe and around the world.The outlook is particularly dire for Europe and the eastern Mediterranean, where mounting temperatures and an ageing population produced a “perfect storm” of risk factors
China suspends baby gene-editing experiment after violation: Report
The experiment “seriously violates” China’s laws, regulations, and ethical standards if it indeed occurred as reported by media,” said Zeng Yixin, vice minister of the National Health Commission, in an interview with CCTV published on its website Thursday
AGCS’s partnership InsurTech Co for liability insurance clients
“By offering access to ChemMeta in combination with our product liability policies, we help clients maximize the overall safety of their products and production processes, striking the right balance between innovation and risk,” explains Hartmut Mai, Chief Underwriting Officer, AGCS
Only 9 per cent of economic losses in Asia insured:AIR
“For the insurance industry, the protection gap can spur innovation in product development. In the public sector, governments are recognizing the importance of moving from reactive to proactive risk management, especially in countries where the risk is well known and a risk transfer system is not well established. Understanding the protection gap can help governments assess the risks to their citizens and critical infrastructure, and develop risk-informed emergency management, hazard mitigation, and public risk financing strategies to enhance global resilience and reduce the ultimate costs.”
Chinese researcher claims first gene-edited babies
The researcher, He Jiankui of Shenzhen, said he altered embryos for seven couples during fertility treatments, with one pregnancy resulting thus far. He said his goal was not to cure or prevent an inherited disease, but to try to bestow a trait that few people naturally have — an ability to resist possible future infection with HIV, the AIDS virus.
Factbox: Key Elements of EU-UK Draft Deal for Post-Brexit Relationship
The EU and UK “agree to develop an ambitious, wide-ranging and balanced economic partnership … encompassing a free trade area as well as wider sectoral cooperation … underpinned by provisions ensuring a level playing field for open and fair competition.It would respect “the integrity of the (European) Union’s Single Market and the Customs Union as well as the United Kingdom’s internal market, and recognize the development of an independent trade policy by the United Kingdom beyond this economic partnership.The EU and UK will “retain their autonomy and the ability to regulate economic activity.”
Allianz receives approval for China’s first fully-owned foreign insurance holding co
The company – Allianz (China) Insurance Holding Company Limited – will be China’s first-ever wholly-owned insurance holding company by a foreign insurer, and will be based in Shanghai.
Air pollution affects life expectancy worse than smoking, terrorism: Study
According to the new Air Quality Life Index (AQLI), developed by researchers at University of Chicago in the US, particulate air pollution cuts global average life expectancy by 1.8 years per person. The AQLI reveals that India and China, which make up 36 per cent of the world’s population, account for 73 per cent of all years of life lost due to particulate pollution.
Generali Earmarks €4 Billion ($4.6 Billion) for Acquisitions, Growth
“Asset management is increasingly complementary and by the end of 2021 we will be an insurance and asset management group,” Chief Executive Philippe Donnet said.
Donnet, who took over as CEO in 2016, has been selling off non-core assets over the past two years to focus on capital-light products, new services and fee-based businesses.
UK Companies Prepare for Disorderly Brexit and Supply Chain Disruptions
A.M. Best expects, however, that UK companies will still be able to underwrite reinsurance business on a cross-border basis post Brexit, in all but a small number of EEA jurisdictions.