Lloyd’s highlights risk of extreme space weather as latest scenario reveals potential global economic loss of $2.4trn

Lloyd’s highlights risk of extreme space weather as latest scenario reveals potential global economic loss of $2.4trn

North America is identified as the region likely to be most financially impacted by the scenario, suffering a potential economic loss of $755 billion over the modelled five year period. However, the gap between the impact on North America and Europe is relatively...

Lloyd’s approves Oka syndicate-in-a-box 1922, to focus on solution to protect against buyer-side carbon credit risks

The volume of carbon credit purchases has quadrupled over the past four years, with the market expected to grow exponentially as corporations make commitments to achieve net zero targets as a priority LONDON: Asta, the leading third-party managing agent at Lloyd’s,...