Emerging Markets
Benefits Abound With Investments in Climate Change Adaptation
Investing $1.8 trillion between 2020 and 2030 in projects to help communities adapt to the worsening impacts of climate change could yield $7.1 trillion in economic benefits, according to a report ...
China Regulators Cap How Much Insurers Can Invest in Their Shareholders
China's banking and insurance regulator on Monday capped how much insurance firms can invest in their shareholders, aiming to curb risks linked to the misuse of financial resources. China is ...
Regional Coverage Program Rushes $11 Million Payout to the Bahamas
The Bahamas will receive $11 million in post-disaster insurance from a novel 12-year-old regional coverage program. CCRIF, once short for the Caribbean Catastrophe Risk Insurance Facility, was ...
CM Risk Alerts: Semi-Autonomous Cars, Smart Ovens and VR Data Privacy
The use of semi-autonomous cars could lead to an increase in drunk driving, according to one expert. Some smart ovens have been accidentally preheated overnight by their owners. Biometric tracking ...
European Insurers Are Having a Tough Time
European insurers are having a rough time. Already carrying the burden of low yields eroding their investment income, disappointing earnings as well as some companies' exposure to Asia are making ...
Carriers Experienced Costliest Two-Year Period Ever for Cat Losses: Aon
Global insured losses stemming from major wildfires, tropical cyclones and severe thunderstorms reached $90 billion in 2018, close to 50 percent higher than the annual average between 2000 and 2017, ...
Japan Pledges Enhanced Trade Insurance to Boost Private Sector Africa Investment
Japan will offer enhanced trade insurance to boost private sector investment in Africa, Prime Minister Shinzo Abe said on Wednesday as his country competes with rival China for influence in the ...
U.S. Cyber Agency: Reducing Chinese Tech Risks Is a Top Priority
A newly created U.S. cybersecurity agency said Thursday that China represents the greatest strategic risk to the U.S., and as a result, the agency's top operational priority is reducing the risks ...