Article 0 Comments Two years ago, extreme rainfall inundated Hong Kong, turning roads into raging rapids, submerging cars and flooding malls, making it one of the city’s most costly weather events ever. When another...
Article 0 Comments One quarter of more than 200 heat waves that occurred worldwide this century may have been impossible without human-induced global warming. Emissions from the world’s largest fossil fuel and cement companies...
Article 0 Comments Willis, a business of the broker WTW, announced the launch of a Global Risk Engineering team, as a key expansion of its Global Risk & Analytics (R&A) business. By consolidating and...
Article 0 Comments Tokio Marine HCC (TMHCC) – Specialty Group, a member of the Tokio Marine HCC group of companies based in Houston, Texas, announced that it has partnered with The Acheson Group to...
Article 0 Comments International specialty insurer Ryan Specialty announced the formation of a new collateralized reinsurance vehicle called Ryan Alternative Capital Re, Ltd. (RAC Re) RAC Re will deliver additional capacity to Ryan Specialty...
Article 0 Comments Hackers on Friday broke into Sinqia, a financial technology provider owned by Evertec, attempting to steal around 420 million reais ($77.4 million) from several Brazilian financial institutions including HSBC Holdings Plc’s...
Article 0 Comments France and Germany on Friday defended Europe’s right to adopt its own legislation on technology after U.S. President Donald Trump criticized European rules on digital services, saying any U.S. coercion would...
Article 0 Comments Canada’s record-breaking 2023 wildfire season led to a spike in air pollution in the country and in the US, erasing recent progress in cleaning up the air, according to new analysis....
Article 0 Comments When the Washington Commanders’ quarterback Marcus Mariota landed a last-second touchdown pass to clinch victory against the Dallas Cowboys in January, it’s unlikely devastated Cowboys fans were thinking about turf underlay,...
Article 0 Comments Europe’s four largest reinsurers – Swiss Re, Munich Re, Hannover Re and SCOR – are maintaining their appetite for property-catastrophe risks as well as their ambitious profit targets for 2025 –...
