Despite the overall worsening cybersecurity climate, there’s been some global progress in developing strategies to reduce risk. “We are seeing a new level of collaboration between the public and private sectors,” Christian Hoffman, Aon’s Cyber Solutions chief executive officer of …
Estimated insured losses from natural catastrophes reached US$40 billion during the first half – driven by a deep winter freeze, hailstorms and wildfires, while man-made disasters triggered another estimated US$2 billion of insured losses, according to Swiss Re. The loss …
Extreme precipitation in mid-July resulted in the costliest flooding events on record for German and Chinese insurers, which face potential losses of $6.5 billion and $1.7 billion, respectively, according to Aon’s monthly catastrophe report. Germany is likely to see as …
Insurance has become the top operating cost concern for small businesses in Canada with seven in ten reporting that their premiums have gone up since the beginning of the year, according to the Canadian Federation of Independent Business (CFIB) in …
Today, the United Nations Intergovernmental Panel on Climate Change delivered its latest comprehensive report on the state of global climate science—just the sixth in the body’s more than 30-year history. The report’s 200-plus authors distilled 14,000 individual studies to produce …
The U.N. panel on climate change sounded a dire warning on Monday, saying the world is dangerously close to runaway warming – and that humans are “unequivocally” to blame. Already, greenhouse gas levels in the atmosphere are high enough to …
While the aggregate InsurTech funding level for the first-half of 2021 soared past the amount raised for InsurTech businesses for the entire year 2020, InsurTechs continued to quietly shut their doors with much less fanfare. When Willis Towers Watson reported …
The head of one of the UK’s largest insurers and investors warned that the City of London is struggling far more than the country’s other office districts in luring workers back to their desks. Since lockdown restrictions were eased, other …
New research finds that hands-free cellphone laws are associated with fewer driver deaths, and laws in 21 states allowing only hands-free cell phone use by drivers have prevented about 140 driver deaths and 13,900 driver injuries annually in the U.S. …
On the outskirts of the Scottish town of Kirkcaldy is a crop of new houses on their way to completion. There are two large banners pinned to the perimeter fence with a mobile phone number: “Bricklayers Required.” Rather than prices …
