by AIP Online Bureau | Aug 19, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News
Fire activity has surged in recent weeks as another blast of unseasonable heat sapped the last moisture from Europe’s fields and forests, leaving them primed to ignite. Deadly, wind-whipped blazes have flared from Portugal and Spain to Greece and Albania. Researchers...
by AIP Online Bureau | May 16, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The result “gives us confidence in our 2025 targets despite a challenging environment,” Chief Executive Officer Andreas Bergersaid in a statement on Friday Swiss Re AG’s profit rose in the first quarter as losses from the California wildfires were offset by positive...
by AIP Online Bureau | May 14, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
George Attard, CEO for Reinsurance Solutions for APAC , Aon In the APAC region, the protection gap was much higher with 95 percent of the losses not covered. Increases in population density in coastal areas, wealth and overall exposure to natural hazards in high-risk...
by AIP Online Bureau | Mar 26, 2025 | Climate, Environment, Renewable Energy, International News
“We need to mobilize all available resources in extinguishing the fires for the remainder of the week as it is feared we will experience an unprecedented level of wildfire damage,” Acting President Han Duck-soo said in a national address. “They are breaking records as...
by AIP Online Bureau | Feb 12, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
`We have a small exposure for LA wildfires. It’s not major. Currently, we have provided about $25 million in our provisions. I tend to believe that this will come down, because these are very initial figures. We’ve still not received too many intimations...
