The reinsurance industry must brace itself for cyber attacks targeting government and election infrastructure in 2024 according to a leading cyber risk analysis.
Asian governments, regulators and businesses need to sustain collective commitment and action, strengthen climate disclosures and support the de-risking and viability of transition financing to fully play their regional role in the global effort to reach net zero according to Monetary Authority of Singapore (MAS).
High inflation is a primary macroeconomic driver of cargo crime patterns and the rise in food and beverages as a stolen commodity is one such indicator according to annual Cargo Theft Report 2023.
With over 64 countries preparing or already conducting their elections, the year 2024 is earmarked to be one of the most politically turbulent years in decades according to Liberty Specialty Markets.
Even if CO2 emissions were to be drastically cut down starting today, the world economy is already committed to an income reduction of 19 % until 2050 due to climate change according to a new study published in scientific journal Nature.
The World Health Organization (WHO) has expressed concern regarding the potential for transmission of avian influenza to other species including humans.
SCOR has appointed Ms Claire McDonald as CEO of SCOR Business Solutions (SBS), effective 1 September 2024. She will also serve as a member of the executive committee. In her new role, Ms McDonald will be responsible for affirming SBS's position as a technical specialty commercial insurer, focusing on building a balanced and resilient portfolio, in line with the targets set out in SCOR's three-year strategic plan.
AIG has appointed Ms Kelly Lafnitzegger as executive vice president and chief human resources and diversity officer (CHRO). She will also be a part of AIG's executive leadership team.
The Dubai World Insurance Congress began just two weeks after unprecedented levels of rain in the UAE. The risk landscape in the MENA region is volatile with significant developments in political violence, Nat CAT and economic uncertainties.
The global mutual and cooperative sector, including takaful players, collectively wrote $1.41tn in insurance premiums and increased the sector's share of the total insurance market to an eight-year high of 26.3% in 2022, according to the International Cooperative and Mutual Insurance Federation (ICMIF).