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RIMS and Max Life join hands to promote risk management awareness in India

Themed “Building Antifragility: From Crisis to Opportunity,” the virtual RIMS Risk Forum India 2020 will explore the challenges businesses have encountered during the global pandemic and strategies that have empowered some to remain resilient and emerge stronger. Scheduled for December 4, 5, the event will feature remarks from India’s most renowned risk management thought-leaders and business strategist. For more information about the Forum, visit www.RIMS.org/RFIndia

Facebook bans false claims about COVID-19 vaccines

“This could include false claims about the safety, efficacy, ingredients or side effects of the vaccines. For example, we will remove false claims that COVID-19 vaccines contain microchips,” the company said in a blog post. It said it would update the claims it removes based on evolving guidance from public health authorities.

North American farmers profit as consumers pressure food business to go green

Investments in sustainability remain a tiny part of overall spending by the agriculture sector, which enjoyed healthy profits in 2020. They may help to head off more costly regulations down the road now that Democratic climate advocate Joe Biden was elected U.S. president.
Sustainable techniques farmers are adopting include refraining from tilling soil at times to preserve carbon. Some are adding an off-season cover crop of rye or grass to restore soil nutrients instead of applying heavy fertilizer loads over the winter that can contaminate local water supplies.

“Biodiversity provides medicine and food of good quality and fights against climate risk, it makes sense to protect it”

Biodiversity-loss-among-very-top-risks:Axa’s AXA’s Chief Risk and Investment Officer AXA Group’s chief risk and investment officer, Alban de Mailly Nesle is required to ponder myriad dangers to the Paris-based insurer and its 830 billion-euro ($995 billion) asset management arm. He says one of the greatest and most under-appreciated threats to human health, economic vitality and the climate is the rapid reduction of the planet’s biodiversity.

In 1993, when he started his career at BNP Paribas SA, he didn’t imagine the earth’s ecosystems would become a top priority. But last year, AXA – the firm he joined in 2000 – and the WWF presented a report to the environment ministers of the Group of Seven countries about the economic impact of biodiversity loss.

De Mailly Nesle speaks to Bloomberg about biodiversity, its link to the climate, and the challenges of measuring so-called natural capital.

Automakers unveil proposals to speed U.S. self-driving deployment

Self-driving cars suffered a major setback after the March 2018 death of a pedestrian in a crash with an Uber test vehicle, the first attributed to a self-driving car. The National Transportation Safety Board said in the Uber crash review that U.S. regulators should ensure automated vehicles have appropriate safeguards. 

30 named storms: Record Hurricane Season in US comes to a close

The season also saw the second-highest number of hurricanes on record after 13 of the storms reached hurricane status. There were six major hurricanes with top winds of 111 mph (178 kph) or greater. NOAA said an average season has 12 named storms, six hurricanes and three become major hurricanes.

Hackers target groups in COVID-19 vaccine distribution, says IBM

IBM’s cybersecurity unit said it had detected an advanced group of hackers working to gather information about different aspects of the cold chain, using meticulously crafted booby-trapped emails sent in the name of an executive with Haier Biomedical, a Chinese cold chain provider that specializes in vaccine transport and biological sample storage.

Rusty pilots making flying errors is next aviation headache 

“Regular flying keeps your mind in the cockpit,” said Mohan Ranganathan, an aviation safety consultant who was an adviser to India’s Directorate General of Civil Aviation. “Being away from flying for such a long time brings in some complacency. Add loss of income, uncertainty about jobs or the future of the airline, that brings in additional stress. With an increase in stress levels, proficiency drops.”