International
GenAI Investment to Grow 30%, High Adoption Firms Expect 3x Higher ROI Over Next 3 Years
With modest GDP growth and stagnant budgets, organizations globally will find it necessary to reallocate funds from mature areas to support IT investments, according to Boston Consulting Group's ...
Parametric Insurance Increasingly Aids Farmers, Others Dealing With Extreme Weather
Joemar Flores, a spindly 28-year-old, gestured across his family's farmland, nestled between a steep hill and a river, and expressed gratitude for the rice paddies in the distance. They're still ...
‘Healthy’ Workplace Key to Saving Billions Lost to Workplace Injuries, Illness
A new study published this week shows how the global economy could claw back billions of dollars lost each year due to workplace injuries and illness. In Australia, more than 500,000 employees ...
QBE to Non-Renew $500M of North American Mid-Market Biz
QBE announced that it will start shutting down the middle-market segment in North America to focus on North American businesses where it has more meaningful market position, relevance and scale. ...
Social Inflation Fix: Insurers Can’t Be Out Front, Chubb’s Greenberg Says
Although insurers can help to stop the growth of social inflation, they can't lead the effort, an industry executive said during an insurance conference this week. Evan Greenberg, chair and chief ...
U.S. Cyber Chief Sees ‘Very Aggressive’ Chinese Hacking Strategy
A top U.S. spy chief said China is increasingly using its companies to find vulnerabilities in their own computer networks and then tapping that knowledge to target foreign nations and industries. ...
High Wind Warnings Ignored Before Deadly Mexico Stage Collapse
Warnings were issued well before a campaign event about high winds that caused a deadly Mexico stage collapse this week, raising questions about why those alerts went unheeded. Organizers didn't ...
Tokio Marine Forecasts ¥1 Trillion 2024 Profit; ‘Drastic’ Growth Ahead
In Japanese yen, the profit figure that Tokio Marine Holdings projects for 2024 is ¥1 trillion. While the forecast may seem less extraordinary in U.S. dollars of roughly $6.7 billion, either way ...