The two possessions that most concern insurers — homes and motor vehicles — happen to be the largest contributors to the historic 7.5% inflation rate announced last week. Perhaps that should be no surprise. “It’s the things that we all …
Criminals netted $1.3 billion in ransom payments from hacking victims in the past two years, reflecting a massive surge in cyber-crime that has prompted a global effort to stop it, according to a new report from Chainalysis Inc. The cryptocurrency-tracking …
Some of the world’s biggest companies have made climate targets that will have only a limited impact on their actual greenhouse gas emissions, a report has found. A study of 25 of the world’s largest companies, the Corporate Climate Responsibility …
New research from insurer The Hartford found 42% of U.S. workers report declines in their mental health, while a similar percentage (43%) have delayed routine health care appointments since the COVID-19 pandemic began. The researchers note that the delays health …
With pandemic restrictions in the UK largely gone, offices are getting busier. Yet vast numbers of desks still remain empty. Even with COVID-19 case numbers flat or falling in the UK, U.S. and much of Europe, many employees are still …
Insured losses from major natural catastrophes in 2021 – excluding COVID-related losses – have so far reached an estimated US$116 billion, the third largest total since 2011, and about 63% higher than the average loss of $71 billion since 2011, …
The number of U.S. traffic deaths surged in the first nine months of 2021 to 31,720, the government reported Tuesday, keeping up a record pace of increased dangerous driving during the coronavirus pandemic. The estimated figure of people dying in …
Global commercial insurance prices increased 13% in the fourth quarter of 2021, a decline from the 15% increases seen in both the second and third quarters, according to Marsh’s latest Global Insurance Market Index. Marsh noted that this is the …
With the effects of climate change becoming more palpable, a rise in climate litigation cases could have significant financial and reputational repercussions for corporates. Thomas Englerth, associate director at S&P Global Ratings, explores how the potential risks associated with this …
A report released by Rio Tinto on Tuesday outlined a culture of bullying, harassment and racism at the global mining giant, including 21 complaints of actual or attempted rape or sexual assault over the past five years. Nearly half of …
