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Car crashes deadlier as drivers speed during lockdowns:Study

by AIP Online Bureau | Jun 30, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology

LONDON: Coronavirus lockdowns led to huge reductions in traffic and fewer car crashes this spring, but as drivers sped up on quieter roads, the collisions became deadlier in several cities, a Reuters analysis shows.   In New York City, the ratio of fatal crashes...

Australia to spend nearly $1 billion to boost cyber security

by AIP Online Bureau | Jun 30, 2020 | Eco/Invest/Demography, International News

  SYDNEY: Australia will spend A$1.35 billion ($926.1 million) over the next 10 years to boost its cyber security defenses, Prime Minister Scott Morrison said on Tuesday, as Canberra seeks to combat a wave of attacks.   The announcement comes just weeks...

U.S.insurers’ private equity holdings rise 10% to $81.3 billion in 2019:AM Best

by AIP Online Bureau | Jun 30, 2020 | Eco/Invest/Demography, International News, Life

  OLDWICK, N.J: U.S. insurance companies for a fourth-straight year increased their private equity holdings—by nearly 10% in 2019 to $81.3 billion—as this asset class remains attractive to insurers looking to diversify their investment portfolios or...

Environmental groups propose tailings dam safety standards

by AIP Online Bureau | Jun 30, 2020 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News

  Mining companies should be required to buy private insurance for tailings dams and their board of directors should be held legally responsible for any disasters, a coalition of 140 environmental groups said in a report published on Tuesday.   The...

Digital risks continue to be the most significant threats to business:FERMA Survey

by AIP Online Bureau | Jun 30, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Non-Life, Pandemic

  The Federation of European Risk Management Associations on Monday released the results of the 2020 European Risk Manager Report. This is the 10th edition of the report which represents the widest available information from professional risk managers...
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