Corporate valuation can be boosted by adopting proactive climate risk management according to a new study by the University of Florida.
Almost two-third (62%) of insurance executives recognise AI and machine learning technology as elevating underwriting quality and reducing fraud in the insurance industry.
Cyber attacks have more than doubled since the pandemic and while companies have historically suffered relatively modest direct losses from cyber attacks, some have experienced a much heavier toll.
Nearly three quarter of insurers are investing in private markets or plan to do so as firms put excess cash to work according to a global survey.
Global insured losses from Nat CAT events in Q1 2024 were minimally estimated at $20bn, heavily driven by severe convective storm (SCS) activity in the US according to a new report.
Over eight in 10 organisations encountered one cyber security incident in a year, the Cyber Security Agency of Singapore (CSA) said in its Singapore Cybersecurity Health Report 2023.
Climate change will reduce future global income by about 19% in the next 25 years with the poorest areas and those least responsible for heating the atmosphere taking the biggest monetary hit according to a new study.
A recent study leveraging external and internal datasets has revealed that the protection afforded by cyber insurance may fall significantly short of the actual costs incurred during cyber incidents.
Kairos Risk Solutions has appointed Mr Stephen Lee as managing director, banking solutions. In his new role, he will spearhead Kairos' consulting solutions to major banks within Asia.
Fitch Ratings has affirmed the ratings of seven Chinese insurers, and revised the outlooks for six of these seven to 'Negative' while the outlook on the seventh remains 'Stable'.