The insurance market must resist the urge to automatically exclude difficult cyber risks and overly focus on a small set of 'improbable' systemic threats according to global insurance broker Marsh.
Half of UK businesses have reported a cyber incident or data breach in the past 12 months according to the UK Government's Cyber Security Breaches Survey 2024.
Zurich Insurance Group will no longer underwrite new oil and gas projects and is cracking down on clients planning to expand in metallurgical coal mining.
Reinsurance capacity and the general appetite to underwrite political violence risks is reducing as insured losses from civil unrest grow according to a new report by Allianz Commercial.
A new study has described the changes in ESG spending priorities towards human rights, modern slavery and community programmes by corporates as a 'seismic shift'.
Most insurance IT decision-makers (69%) plan to invest from $500,000 to $5m in AI in 2024 according to a new study.
The Canters for Disease Control and Prevention (CDC) in the US estimates that around 48m Americans fall ill every year from a foodborne illness, with 128,000 hospitalisations and 3,000 deaths. The CDC ranks Norovirus as the main culprit when it comes to illness, closely followed by Salmonella, Clostridium perfringens and Campylobacter according to a new Hiscox global insight blog.
Asia's per capita burden of junked 'phones and other electronic and electrical gadgets is still low, but it struggles to contain this e-waste deluge that is gradually building up according to a new report by the UN.
A new study Global prediction of extreme floods in ungauged watersheds published in a recent issue of scientific journal Nature says AI and machine learning technologies have significantly improved global flood forecasting, particularly in regions where flood-related data is scare.
Flooding could affect one out of every 50 residents in 24 coastal cities in the US by 2050 according to a new study.