The immediate danger from militarized artificial intelligence isn't hordes of killer robots, nor the exponential pace of a new arms race.
Climate change and natural catastrophes are undermining the progress being made to achieve the 17 goals set by the United Nations (UN). The 17 sustainable development goals (SDGs) adopted by the UN in 2015 are targeted to be achieved by 2030.
Experts in the insurance industry have confirmed that the London-based Joint War Committee (JWC) has not announced any increase in the risk of war on ships in the Arabian Gulf, since the 19 July seizure of a British tanker by Iran in the Strait of Hormuz.
Deteriorations in US-China talks could risk leading to a bipolar world, according to Aon's latest Political Risk Quarterly Update report.
Sudanese insurance companies are currently preparing to pay compensation to policyholders that are expected to be millions of Sudanese pounds, according to an industry estimate.
Rising global temperatures are expected to increase the risk of armed conflicts substantially, according to experts across several fields.
Peace in the Middle East & North Africa, the world's least peaceful region, improved marginally last year, based on improvements in 11 countries, according to the 2019 Global Peace Index (GPI).
Insurance costs for ships sailing through the Middle East have increased by at least 10% after attacks on two tankers in the Gulf of Oman on 13 June, with the potential for costs to rise further as regional tensions escalate, reported Reuters quoting ship insurers.
In this week's episode of the Asia Insurance Review podcast, we talk to Beazley's head of political risk and trade credit underwriter Roddy Barnett, about the looming trade war between the US and China, the opportunities and pitfalls of the Belt and Road Initiative and the rising demand for trade credit insurance.
Chinese parties involved in the Belt and Road Initiative (BRI) face both political and technical challenges, on top of the cross border complexities of BRI transactions, notes international law firm Clyde & Co.