by AIP Online Bureau | Jun 25, 2023 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Regulation
The results indicate that banks are increasingly concerned about the potential of global warming to hurt asset values. The industry also faces a December deadline by the European Central Bank to reflect climate risks in their governance, strategy and risk management...
by AIP Online Bureau | Jun 11, 2023 | Eco/Invest/Demography, International News, Non-Life, Policy, Regulation, Reinsurance, Risk Management
State regulations ask wildfire insurers to set rates for annual catastrophic coverage as a fraction of damages accrued over 20 years — without mention of models that can capture the accelerated rate of land use change and development, weather and wind trends or the...
by AIP Online Bureau | May 31, 2023 | International News, Regulation, Technology
“Mitigating the risk of extinction from AI should be a global priority alongside other societal-scale risks such as pandemics and nuclear war,” more than 350 signatories wrote in a letter published by the nonprofit Center for AI Safety (CAIS). Top artificial...
by AIP Online Bureau | Apr 25, 2023 | Indian News, Non-Life, Reinsurance, Risk Management, Technology
Bhargav Dasgupta, MD & CEO, ICICI Lombard General Insurance, said, “The enhanced score in the 3rd edition of the Corporate Risk Index is a testament to the efficient risk management practices adopted by Indian corporates in the face of global headwinds and...
by AIP Online Bureau | Mar 2, 2023 | Facts, Health
“High blood pressure and diabetes are two important risk factors for stroke that can be managed by medication, decreasing a person’s risk,” said study author George Howard, DrPH, of the University of Alabama at Birmingham School of Public Health High...
