International
Casualty Reinsurance Renewals See Modest Price Hikes Despite Social Inflation: AM Best
Reinsurers in general maintained adequate capacity for casualty programs, despite concerns about social inflation and some recent reserve strengthening actions, according to a report from AM Best. ...
Study: Slowing Ocean Circulation Could Cause Weather Chaos
An abrupt shutdown of Atlantic Ocean currents that could put large parts of Europe in a deep freeze is looking a bit more likely and closer than before as a new complex computer simulation finds a ...
Though Deaths Fell Slightly, Road Safety Remains Major Global Issue
The annual number of road-related deaths fell slightly to 1.19 million per year, according to a recent World Health Organization (WHO) report. That still translates to more than two deaths occurring ...
Global Standards Board Says Corporate Auditors Play Larger Role in Identifying Fraud
Accountants must play a role in spotting fraud when they check the books of companies, a global standard setting body for corporate auditing said in robust proposals on Tuesday. The International ...
3M People Worldwide Die of Work-Related Accidents, Diseases: Report
Nearly three million workers die each year due to work-related accidents and diseases, an increase of more than 5 percent as compared to 2015, according to a recent estimate by the International ...
Climate Change Drives Amazon Rainforest’s Record Drought: Study
Climate change is the main culprit for a record drought in the Amazon rainforest that has drained rivers, killed endangered dolphins and upended life for millions of people in the region, according ...
Climate Change Blamed for U.S. Deep Freeze While Rest of World Swelters
Much of the United States is shivering through brutal cold as most of the rest of the world is feeling unusually warm weather. However strange it sounds, that contradiction fits snugly in ...
Cyber Threat Top Global Business Risk Concern for 2024
A new report indicates cyber-related incidents such as ransomware attacks, data breaches and IT disruptions are the biggest worry for companies globally in 2024, according to the Allianz Risk ...
Extreme Weather and Misinformation Top Global Risks: World Economic Forum
Risk specialists see extreme weather and misinformation as most likely to trigger a global crisis in the next couple of years, a World Economic Forum (WEF) survey ...