by AIP Online Bureau | Sep 26, 2023 | Eco/Invest/Demography, Features, Risk Management, Technology
“It’s a huge game changer for the fire service,” says Schneider of the technology created by Pano AI, which acts as a second set of eyes looking out for fires. While AI alone won’t completely ease the burden of wildfire management, it’s one of a growing number of...
by AIP Online Bureau | Sep 5, 2023 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News
The extreme weather – an increasingly frequent occurrence in our warming climate – is having a major impact on human health, ecosystems, economies, agriculture, energy and water supplies,” according to Petteri Taalas, the secretary general of the World Meteorological...
by AIP Online Bureau | Aug 5, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
US.-based climate technology startup Sensible Weather is developing insurance that would compensate people if extreme heat wrecks their holiday It’s rolled out “weather guarantee” coverage to travel companies in the UK, France and the US, which pays travellers...
by AIP Online Bureau | Aug 3, 2023 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
When it comes to disaster response, the ECB sees insurers as the first line of financial defense, backed up by reinsurers and the financial markets with instruments like catastrophe bonds. The global market for catastrophe bonds, which give insurers a payout when a...
by AIP Online Bureau | Jun 8, 2023 | Eco/Invest/Demography, Health, International News, Risk Management
Situation was such that the picturesque and renowned skyline of New York City became invisible on Wednesday behind a hazy veil of smoke from the Canadian wildfires flowing into the region The air quality of New York city has deteriorated as smoke from the Canadian...
