Global ocean hull premiums rose in 2022 by 5.7% to reach $8.4bn, the International Union of Marine Insurance (IUMI) has noted.
A majority (56%) of financial executives involved in insurance decision-making globally expect to generate more than 10% of their revenue from embedded insurance within three years according to a new survey by Chubb Insurance.
ORX, the largest global association of operational risk professionals, has launched a world first industry-wide risk indicator library for operational and non-financial risk (ONFR).
Places that have experienced more pollution from wildfires and farming have higher rates of dementia according to a new study published by the University of Michigan. The study found that climate change provides a boost to those odds.
The sea-ice surrounding Antarctica is well below any previous recorded winter level according to new satellite data. According to experts, this is a worrying new benchmark for a region that once seemed resistant to global warming.
A new study has revealed that of the nine boundaries of the planetary boundaries' framework, six boundaries have been transgressed, suggesting that Earth is now well outside of the safe operating space for humanity. Only three important health markers are considered safe.
A new industry-wide risk indicator library for operational and non-financial risk (ONFR) has become operational.
Around two-third (64%) of respondents in APAC strongly believe that climate change is an emergency, while 52% of the respondents say they are adapting their activities and purchase behaviour to respond to climate concerns according to a new survey.
In New Zealand vehicle insurance is the number one thing that people complain about to the Insurance & Financial Services Ombudsman Scheme (IFSOS). Vehicle insurance complaints constituted 23% of all complaints the IFSOS investigated in the past year.
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