Iran's unprecedented military action against Israel raises the risk of a sharp escalation in the conflict between Israel and Hamas, indicates S&P Global Ratings (S&P).
The insurance market must resist the urge to automatically exclude difficult cyber risks and overly focus on a small set of 'improbable' systemic threats according to global insurance broker Marsh.
Both, people and planet, face the triple whammy from insurance companies underwriting and investing in projects that are increasing global warming, damaging the natural environment and failing to protect human rights according to a new investigation report.
Half of UK businesses have reported a cyber incident or data breach in the past 12 months according to the UK Government's Cyber Security Breaches Survey 2024.
Zurich Insurance Group will no longer underwrite new oil and gas projects and is cracking down on clients planning to expand in metallurgical coal mining.
Reinsurance capacity and the general appetite to underwrite political violence risks is reducing as insured losses from civil unrest grow according to a new report by Allianz Commercial.
A new study has described the changes in ESG spending priorities towards human rights, modern slavery and community programmes by corporates as a 'seismic shift'.
Most insurance IT decision-makers (69%) plan to invest from $500,000 to $5m in AI in 2024 according to a new study.
The Canters for Disease Control and Prevention (CDC) in the US estimates that around 48m Americans fall ill every year from a foodborne illness, with 128,000 hospitalisations and 3,000 deaths. The CDC ranks Norovirus as the main culprit when it comes to illness, closely followed by Salmonella, Clostridium perfringens and Campylobacter according to a new Hiscox global insight blog.
In today's dynamic landscape, insurance brokers play a pivotal role in navigating the complex terrain of risk management. With an ever-expanding array of insurance products and services, brokers act as trusted advisors, guiding individuals and businesses towards tailored coverage solutions.