Strengthening protections around AI must start with sharpening or otherwise adjusting existing regulatory frameworks, says the Insurance Council of Australia (ICA).
While Kuwait's dissolution of its parliament and suspension of parts of its constitution (for no longer than four years) could affect Kuwait's long-standing institutional checks and balances, the measures are also likely to speed the passage and implementation of much-needed structural reforms, says S&P Global Ratings (S&P).
Super Consumers Australia, an independent superannuation consumer advocacy organisation, urges financial advisers and superannuation funds to urgently lift their game to protect Australians' retirement savings from dodgy advice.
A new global survey of 1,800 supply-chain leaders has revealed that average response time for supply chains to respond to disruptions is five days, hindering progress on resiliency and risk mitigation.
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.
A 'staggering' number of workers, amounting to more than 70% of the global workforce, are likely to be exposed to the climate-change-related health hazards, include cancer, cardiovascular disease, respiratory illnesses, kidney dysfunction and mental health conditions..
Insurance industry doyen and a founding editor of Asia Insurance Review Reynaldo de Dios passed away on 5 May 2024. He was 96 and had played an integral role in the insurance sector for 75 years.