Insurers in Bahrain are addressing the growing trend of EV ownership although the current number of such vehicles is less than 750 out of a population of 750,000 vehicles in the kingdom.
Climate change and land-use change could become the main drivers of biodiversity decline by mid-century according to a new study.
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..
Anoud Technologies (Anoud Tech), a global InsurTech group based in Qatar, launched its UAE branch last week as part of its strategy to become the IT platform provider of choice for the insurance industry in the MENA region and beyond.
The reinsurance industry must brace itself for cyber attacks targeting government and election infrastructure in 2024 according to a leading cyber risk analysis.
Asian governments, regulators and businesses need to sustain collective commitment and action, strengthen climate disclosures and support the de-risking and viability of transition financing to fully play their regional role in the global effort to reach net zero according to Monetary Authority of Singapore (MAS).