French global reinsurer SCOR has successfully sponsored a new catastrophe bond, Atlas Capital DAC Series 2023-1, which will provide the Group with a multi-year risk transfer capacity of $75m to protect itself against named storms in the US, and earthquakes in the US and Canada, as well as European windstorms.
The Singapore Reinsurers' Association (SRA) has announced that this year's 19th Singapore International Reinsurance Conference (SIRC) will be an all in-person event following the overwhelming success of last year's in-person event, which drew a record attendance of over 2,200 delegates from 62 countries.
Future generations of self-driving cars should learn the language of cyclists to help them safely share the roads according to new research from University of Glasgow.
Only 4% of 'sustainable' investment funds would automatically comply with the labelling and naming rules for disclosures set by major regulatory regimes according to technology platform Clarity AI.
Containers lost overboard at sea registered a welcome record low during 2022. The annual survey by World Shipping Council (WSC) recorded a loss of total 661 containers out of the 250m transported during the year. This was the lowest figure of containers lost since 2008 when the survey began.
The strategic rationale for Bermuda-headquartered RenaissanceRe Holdings' (RenaissanceRe) deal to acquire the treaty reinsurance business of New York-headquartered American International Group (AIG) appears sound, says AM Best.
China is gearing up for another summer of scorching temperatures in 2023. Major Chinese cities have issued heat advisories warning their citizens that potentially record-breaking temperatures are set to pose a threat to electricity supply, crops, and the country's economy.
A new survey conducted by the professional services firm Deloitte has revealed that more than 40% of Gen Z and millennials have changed jobs or sectors due to climate concerns, or plan to do so in the future.
Natural catastrophes, especially floods, displaced around 12.5m people in South Asia in 2022 according to the latest annual report of Geneva-based Internal Displacement Monitoring Centre (IDMC).
New York City is sinking about one to two millimetres per year on average under the weight of its own skyscrapers that are estimated to weigh a cumulative 1.68tn pound according to a new study by University of Rhode Island and the US Geological Survey.