Saudi Insurance, a body representing the interests of insurance companies in the kingdom, has established a cyber security sub-committee, following approval from the Insurance Authority.
The Securities and Exchange Commission of Pakistan (SECP) has entered the second phase of its end-to-end digital transformation and automation project, LEAP (Leading Efficiency through Automation Prowess), thereby automating its regulatory approvals and licensing regime.
The Insurance Federation of Egypt (IFE) is promoting employer liability insurance, which contributes to helping companies maintain safer workplaces by improving their risk management.
Strengthening protections around AI must start with sharpening or otherwise adjusting existing regulatory frameworks, says the Insurance Council of Australia (ICA).
Insurers in Bahrain are addressing the growing trend of EV ownership although the current number of such vehicles is less than 750 out of a population of 750,000 vehicles in the kingdom.
Climate change and land-use change could become the main drivers of biodiversity decline by mid-century according to a new study.
The UK P&I Club (protection and indemnity) has expanded its safety and risk management remit to provide its members with resources and guidance to help them navigate increasingly complex risk environments.
The 17th-annual data breach investigations report (DBIR) by Verizon has found that ransomware and the meteoric rise of extortion techniques accounted for a third (32%) of all breaches in last one year.
The Indian Ocean is expected to experience accelerated surface warming of 1.4 degrees Celsius to 3 degrees Celsius between 2020 and 2100, which will push it into a near-permanent heatwave state. It will also intensify cyclones, affect the monsoon and lead to a rise in sea levels according to a new study.
In Asia, one in three business leaders reported that political risk was the biggest threat to their business this year.