Chief executive officers and chairmen of some of Europe’s biggest banks and insurance companies called for more studies on the effectiveness and impact of regulation to prevent financial crises. While macroprudential tools help prevent bubbles and are necessary to address …
A group of global insurance companies and brokers took advantage of the World Economic Forum meeting in Davos to announce that they have established a micro insurance consortium and micro insurance venture incubator (MVI). Among the companies taking part in …
The World Economic Forum Global Risks 2015 report, released at a press conference in London yesterday, singled out potential “interstate conflict with regional consequences” as the number one global risk in terms of likelihood, and the fourth most serious risk …
With prospects of containing global warming slipping away, a team of scientists urged policymakers to redouble their efforts to rein in pollution, saying human activity risks turning even rich nations into a “danger zone.” The researchers led by Stockholm University …
“Many Young people today face an uphill battle,” said David Cole, Swiss Re’s Group Chief Risk Officer and a member of the Group Executive Committee, speaking at the World Economic Forum Press Conference in London. “As a result of the …
The global economy has been through economic recessions before, and has eventually recovered from them. This time around, however, it must do so while coping with the ever increasing menace of climate change – that makes it a whole new …
Hong Kong was named the world’s top financial centre for the second year running by the World Economic Forum (WEF), thanks to the strength of its business environment, infrastructure and a favourable tax regime. The WEF’s annual Financial Development Report …
A tumultuous 12 months that saw revolutions in the Middle East, a worsening debt crisis in Europe and a tsunami in Japan has set the tone for corporate activity in 2012. Caution, flexibility, nimbleness and deep knowledge of host countries …
The latest report from the World Economic Forum highlights the “world’s vulnerability to further economic shocks and social upheavals.” Together they “risk undermining the progress that globalization has brought,” the report warns. The seventh edition of the Global Risks 2012 …
