UK Stands to Lose 8 Million Jobs From AI, Analysis Warns March 27, 2024 By Irina Anghel As many as 8 million UK workers are at risk of losing their jobs to artificial intelligence with current government...
The New Norm? Global Insured Losses for Nat Cats Keep Breaking Records: Swiss Re March 26, 2024 By L.S. Howard Global insured losses from natural catastrophes in 2023 totaled $108 billion, exceeding US$100 billion for the fourth consecutive year –...
2023 Underwriting Losses Improve but Persist in US P/C Industry March 26, 2024 By Allen Laman and Susanne Sclafane The U.S. property/casualty insurance industry recorded a slight underwriting improvement in 2023, but losses persisted, according to a new AM...
North Korean Hackers Stalk Crypto Startups Scrimping on Security March 25, 2024 By Anna Irrera and Olga Kharif It’s every cryptocurrency project’s nightmare: Well-resourced hackers — perhaps backed by a rogue state like North Korea — strike out...
Britain’s Financial Services Sector Faces Long Haul to Gender Parity, Report Says March 21, 2024 By Huw Jones Britain’s banks and other financial firms are boosting the number of women in senior management roles, but unless the pace...
Climate Change Speeds Up as Major Indicators Blow Off the Charts, WMO Warns March 20, 2024 By Laura Millan All the major indicators of climate change smashed historic records last year, with some rising so steeply that the United...
Marsh: Transactional Risk Insurance ‘Remained Resilient’ in 2023 March 20, 2024 Despite a drop in the total number of global mergers and acquisitions, demand for transactional risk insurance “remained resilient” in...
Chemicals in Plastics Far More Numerous Than Previous Estimates, Report Says March 14, 2024 By Gloria Dickie At least 3,000 more chemicals are in plastics — from food packaging to toys to medical devices — than previously...
Hedge Fund That Rode Catastrophe Bond Rally Mounts Tactical Retreat March 13, 2024 By Gautam Naik A hedge fund that last year delivered its best result ever thanks to catastrophe bonds is now scaling back its...
Europe Faces 3C of Global Warming. Here’s How It Plans to Cope. March 8, 2024 By John Ainger Europe will be 3C hotter even if the world succeeds in limiting global warming to 1.5C above pre-industrial levels, bringing...