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/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.
/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.
Article 0 Comments Swiss Re AG issued guidance for underwriters on how to assess life insurance applications of people who show signs of using medications for longevity purposes. Metformin, traditionally used to manage type 2 diabetes, and rapamycin, an immunosuppressant developed for organ transplant recipients, are part of a growing list of substances being explored for anti-aging purposes, Swiss Re said. In some cases, the medications are being self-prescribed, the reinsurer said. To help underwriters assess how to evaluate the disclosure of such drugs, Swiss Re has updated its Life Guide, which is used by over 800 insurance companies and supports more than 23 million underwriting queries annually. Some of the drugs carry an uncertain risk, the company said. “With repurposed medications, the clinical picture is still evolving,” Swiss Re’s head of global underwriting, Natalie Kelly, said in a statement on Monday. “This update gives underwriters practical decision-making support — especially in cases where use of these drugs may be experimental or self-prescribed.” Photograph: Metformin tablets; photo credit: Scott Olson/Getty Images Related: Copyright 2025 Bloomberg. Was this article valuable? Thank you! Please tell us what we can do to improve this article. Submit No Thanks Thank you! % of people...
/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.
/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.
New AI features empower auditors to navigate an increasingly complex, tech-enabled business landscape amid evolving client needs Toronto, ON (July 30, 2025) – Deloitte Canada has announced a series of new artificial intelligence (AI) capabilities within Omnia, Deloitte’s global cloud-based Audit & Assurance platform, designed to evolve the audit and assurance experience, advancing Deloitte’s effort to drive innovation with enhanced technology. As the external landscape and client businesses transform, these capabilities represent an evolution of the audit process, addressing increasing complexity with agile, integrated solutions. “AI is reshaping the future of the audit profession, driving meaningful advancements that strengthen innovation and trust,” said Susan Bennett, Managing Partner, Audit & Assurance, Deloitte Canada. “With these new AI capabilities within Omnia, our people are equipped with cutting-edge tools to meet the complex and rapidly changing needs of Canadian clients and communities, ensuring we continue to deliver exceptional quality and value in a dynamic landscape.” Advancing audit processes with GenAI Building upon Deloitte’s award-winning Omnia platform, this suite of new capabilities reimagines key processes using Generative AI (GenAI): Enhanced documentation review: GenAI capabilities can perform initial reviews of audit documentation and suggest enhancements for clarity and consistency Improved navigation of financial statements: Auditors...
Survey of 223 Senior Enterprise Risk Executives Reveals Shifts in Top Five Emerging Risks San Diego, CA (July 31, 2025) – The escalating tariff and trade war moved into the top rank of emerging risks for the second quarter of 2025, according to Gartner, Inc. The Quarterly Emerging Risk Report series captures enterprise risk management (ERM) leaders’, risk management professionals’, auditors’, and senior executives’ views on emerging risks or over-the-horizon risk.The 2Q25 report, based on a survey of 223 senior risk and assurance executives, also revealed mounting concern around the low-growth economic environment and consumer spending slowdowns, contributing to uneasiness about slowing global economy. “The top five emerging risks in Q2 point to two broad themes for enterprises: A volatile low-growth macroeconomic environment, and a disruptive new technology that poses significant compliance risks rapidly growing in mainstream adoption,” said Gamika Takkar, Director, Research, in the Gartner Risk & Audit Practice. “Risk leaders need to ensure their organizations are prepared for potential disruption to supply chains and increases to the cost of doing business in a global market,” said Takkar. “These impacts have the potential to be more disruptive at a time of slowing global economic growth.” AI-related information governance-driven risks,...
Article 0 Comments British retailer Marks & Spencer has resumed taking click and collect orders for clothing after a nearly four-month hiatus following a cyber hack and data theft. The 141-year-old M&S stopped taking orders through its website and app for clothing and home deliveries and collection from stores on April 25, three days after disclosing it was managing a “cyber incident.” It gradually resumed taking online orders for delivery from June 10 but click and collect services, which allow customers to order items online and pick up in stores, had remained suspended. M&S’s website said on Monday that click and collect had resumed for fashion, home and beauty products. The company did not respond immediately to a request for comment. Shares in M&S were up 1% in early trading on Monday, paring 2025 losses to 11%. Investec analyst Kate Calvert said the reinstatement of click and collect “is the key ‘back to normal’ signal from a consumer perspective.” She does not expect the hack to impact M&S’ long-term valuation or growth prospects. In May, M&S forecast the hacking of its systems would cost it about 300 million pounds ($404 million) in lost operating profit in its 2025/26 financial year,...
Article 0 Comments Iowa Attorney General Brenna Bird announced settlements in two cases her office prosecuted on behalf of the Iowa Department of Natural Resources. Agri Star Meat and Poultry, LLC has agreed to pay a $50,000 penalty and come into full compliance with its National Pollutant Discharge Elimination System permit by December 31, 2026. Over the course of several years, Agri Star exceeded permitted wastewater limits approximately 60 times. The most recent ammonia violations resulted in acutely toxic concentrations in Hecker Creek. In addition, Agri Star failed to timely report outages, failures and daily maximum violations, meet compliance schedules, conduct required monitoring, and submit reports. In a separate case, NEW Co-op has agreed to a settlement related to the March 2024 ammonia nitrogen release at its Red Oak facility that led to a significant fish kill along 48 miles of the Nishnabotna River and its confluence with the Missouri River. Under the settlement, NEW Co-op will pay a $50,000 penalty, pay $50,000 toward a supplemental environmental project with the Montgomery County Conservation Board, and agree to a three-year state-wide injunction prohibiting future violations of Iowa’s water-quality laws. Source: Office of the Iowa Attorney General Topics Iowa Was this article...
Article 0 Comments A brush fire in a mountainous area north of Los Angeles has forced thousands of evacuations, becoming one of two ongoing blazes of concern in California. The Canyon fire in Los Angeles and Ventura counties, which started on Thursday afternoon, has grown to growing to 4,850 acres. It is 0% contained. More than 4,000 residents are under an evacuation order, and officials are closely watching 1,400 structures. “Firefighters continue to battle the blaze as it spreads east toward the community of Castaic in Los Angeles County,” a status report from firefighting officials states. “Throughout the evening and into the early morning hours, firefighting aircraft made repeated water and retardant drops in an effort to slow the fire’s advance and support crews working on the ground.” Related: Porsches Destroyed by LA Wildfires Get New Life as Stained Glass Art Further north, A wildfire burning in two counties, now the biggest fire in California this year, is threatening more than 1,500 structures and has burned more than 99,000 acres. The Gifford Fire burning in San Luis Obispo and Santa Barbara started on Aug. 2. The fire covers San Luis Obispo and Santa Barbara counties, and it is 15% contained...
