From the failure of banks like SVB and Signature Bank in the US to the takeover of Credit Suisse, crisis in the banking sector has raised concerns of the start of another financial crisis.
The hard market in (re)insurance is expected to continue, based on increased demand for coverage and because of inflation-driven higher values of insured assets, says Swiss Re Institute (SRI) in a new report.
Mr Daniel Wang, executive director - Insurance, Monetary Authority of Singapore (MAS), has been named the new chair of the UNDP-convened Sustainable Insurance Forum (SIF).
Global electronics industry is likely to face a threat from semiconductor supply chain according to a new report by Lloyd's and WTW.
The global demand for fresh water will exceed supply by 40% by 2030 according to a new report released by the Global Commission on the Economics of Water.
Less than 1% of the world's population breathes pollution-free air - and Asian countries face some of the most severe health risks due to polluted air according to a new study.
Driven by a combination of rising sea levels and climate change, destructive hurricanes and tropical storms could become far more likely to hit coastal areas in quick succession according to new research by Princeton University.
A recent survey has revealed that almost half (49%) of the participating companies have already replaced workers with ChatGPT, the AI tool that emerged on the scene only in November 2022.
The International Association of Insurance Supervisors (IAIS) has published a document for public consultation on climate risk with proposed changes to its insurance core principles (ICPs), which positions climate risk within the global framework for insurance supervision.
The year 2023 has thus far been quite challenging for GenZ. The global slowdown and mass layoffs by technology majors, many industries impacted by the geo-political tensions and inflationary pressures have put paid to all their hopes of landing their employment of choice. AI, machine learning and ChatGPT have also taken their share of the toll.