The lawsuits underscore the legal risks developers of chat bots...
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London is falling down and it’s because of climate change
That phenomenon — known as subsidence — has become worse in the UK...
Robots say they won’t steal jobs, rebel against humans
In the world’s first human-robot press conference, they gave mixed...
Extreme Weather Risk Grows as Warming Earth Disrupts High-Altitude Winds: Study
“Summer weather is likely to become more persistent – more prolonged hot dry periods, possibly also more prolonged rainy periods,” said Dim Coumou, lead author of the study at the Potsdam Institute for Climate Impact Research (PIK) and Vrije Universiteit Amsterdam.
Hannover appoints Swiss Re’s Jean-Jacques Henchoz as new CEO
Since 2011, Jean-Jacques Henchoz has been in charge of the region Europe, Middle East and Africa (EMEA) at Swiss Reinsurance Company, Zurich, taking responsibility for both the life and non-life business of Swiss Re in this region.
Amazon considering UK insurance comparison site
An Amazon price comparison website for insurance products would be a potential challenge to existing UK sites given the U.S. company’s cutting-edge technology, reach and loyal customer base
Catastrophes cause global economic losses of $36 bn in H1 2018
Total global economic losses from disasters in H1 2018 were USD 36 billion, significantly down from USD 64 billion in
H1 2017 and well below average Global insured losses from disasters were USD 20 billion in H1 2018, down from USD 30 billion in H1 2017
First Jury in a Roundup Cancer Trial orders Monsanto to pay $289 million
The jury at San Francisco’s Superior Court of California deliberated for three days before finding that Monsanto had failed to warn Johnson and other consumers of the cancer risks posed by its weed killers.
Global commercial insurance prices rise for 3rd consecutive quarter: Marsh
Financial and professional line prices increased 3.3 percent on average, with much of the increase due to directors and officers (D&O) insurance prices in multiple regions
2nd Chinese Manufacturer Makes Tainted, Carcinogenic Heart Drug: EU
The alarm over the valsartan drug was first raised in July, prompting a global recall of affected pills. The EMA initially said the problem likely dated back to changes in manufacturing processes at Zhejiang Huahai Pharmaceutical in 2012.
China’s new silk road may lead to USSR-like collapse
the web of touted rail projects through central Asia which form a centrepiece of most maps of Belt and Road projects. Such plans misunderstand both the long history and basic economics of east-west trade, which has almost always been far more dependent on maritime transport via Southeast Asia, India and the Arabian Peninsula than on overland Silk Roads through the Eurasian steppe.
July drought and wildfires likely to result in minimum €3.5bn economic loss in Europe: Aon report
Michal Lorinc, an analyst within Impact Forecasting’s Catastrophe Insight team, said: “The month of July was marked by record-breaking heat, deepening droughts, and destructive wildfires in areas all around the globe. Nearly every major continent recorded some type of peril impact that will lead to a major cost to agricultural interests. All eyes are on the looming possibility of an El Nino return by the end of the year, which could exacerbate these types of impacts.”
Merger Deals Now Include #MeToo Sexual Harassment Clauses
“We do market research, search engine and social media assessments to evaluate the reputation of any brand,” Belisle said in an interview. “Doing that helps us to uncover risks and figure out where the opportunities might be for a company.” Gaining that perspective on a brand can give private equity firms an advantage when considering where to invest — and an edge over their peers in a bidding process.