Fewer than a quarter of the 200 largest worldwide insurers have 'truly digitalised the value chain' according to a new study by ACORD, the standards-setting body for the global insurance industry.
Businesses should prepare for a rise in civil unrest as the cost-of-living crisis follows hard on the heels of the COVID pandemic, according to a new report by Allianz Global Corporate & Specialty (AGCS) .
Climate change, if left unchecked, could cost the global economy $178tn over the next 50 years according to a report by Deloitte.
Thawing permafrost and quantum computing lead the emerging risks facing companies and their insurers according to Swiss Re's latest SONAR report. The global reinsurer said that climate change is creating 'a new generation of emerging risks'.
China has launched a new strategic plan to enhance its climate resilience, putting emphasis on adaptation and mitigation in the face of global climate change. China had first issued a national climate change adaptation strategy in 2013.
Vanuatu has declared a climate emergency, with the low-lying island nation's parliament flagging a $1.2bn cost to cushion climate change's impacts the island nation.
The Earthquake Commission of New Zealand (EQC) has secured a record level of reinsurance of
$7.2bn on the international market, an increase of nearly $470m from 2021.
Utilities are struggling to find insurance to build new coal power outside China according to a new report by the Insure Our Future (IOF) campaign and Korean non-profit company Solutions for Our Climate.
A new research has revealed that 89% of electricity, oil and gas, and manufacturing firms have experienced cyber attacks impacting production and energy supply over the past 12 months.
Kita, the world's first carbon insurer, has raised a heavily oversubscribed £350,000 ($425,000) pre-seed round led by InsurTech Gateway, alongside investors Carbon13, Climate VC and Echelon Capital.