Executives discuss how to turn the insurance lens around to focus instead on the causes – and not merely the… Related Stories What the delay to the IMO’s Net-Zero Framework means for marine insurers Insurers must intervene in the climate debate MS Amlin court win sets major precedent for English contract law
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As London struggles to adapt to the reality of more frequent and powerful floods, its wealthier corners are emerging as some of the most at risk. Last month in the affluent London neighborhood of South Hampstead, homeowners packed a community hall for an event dedicated to preparing for the next big flood. Attendees had good
London’s Rich Come to Grips With Flood Risk on Their Doorstep Read More »
Iceland has designated the potential collapse of a major Atlantic Ocean current system a national security concern and an existential threat, enabling its government to strategize for worst-case scenarios, the country’s climate minister told Reuters. The Atlantic Meridional Overturning Circulation, or AMOC, current brings warm water from the tropics northward toward the Arctic, and the
Stocks shot out of the gate Monday and held gains into the close. Sentiment got a boost after the Senate advanced a key procedural measure that could end the record-long government shutdown later this week. At the close, the blue-chip Dow Jones Industrial Average was up 0.8% at 47,368, the broader S&P 500 was 1.5%
Risk Is On Again, Dow Jumps 381 Points: Stock Market Today Read More »
Investors pulled back their bets Thursday during another steep sell-off for stocks, as a fresh set of private-sector data indicated a weakening labor market. Consumer discretionary, technology and communication services – basically, all the “risk on” sectors – led the way lower as inevitable questions about current valuations and future cash flows re-took hold of
Risk Is Off Again, Dow Falls 397 Points: Stock Market Today Read More »
Your portfolio could be more vulnerable than the market’s march upward this year might make it look. Investors are piling into stocks despite relatively high interest rates, a slowing economy, and concerns over the potential for an AI bubble. Wall Street calls it the “run it hot” trade, and it’s pushing the S&P 500 index,
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The use of artificial intelligence (AI) could increase the risk of physical cyber attacks in the marine sector, a joint Insurance Day/Lloyd’s List podcast has heard. William Altman, director of cyber threat intelligence services at CyberCube, said AI-based coding tools could help “novice” threat actors exploit critical operational technology (OT) – which interfaces digital infrastructure
AI increasing physical cyber risk in shipping :: Insurance Day Read More »
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In This Article This article is presented by Connect Invest. Real estate investing is a great way to get passive income. But what happens when your passive investment requires active attention: your tenant ghosts, your short-term rental occupancy dips, or your rehabilitation takes three months longer than expected? Unfortunately, vacancy risk is something to consider
How Investors Are Using Fixed Notes to Hedge Against Vacancy Risk Read More »
After several years of competitive pricing and capacity expansion, cyber insurers appear to be reassessing coverage breadth. Asked whether carriers are beginning to restrict coverage, panelists at Zywave’s Cyber Risk Insights conference in New York this week said there are some signs, especially when it comes to privacy coverage. Beth Gidicsin, a regional cyber practice
Insurers Begin Restricting Privacy Coverage in Response to Evolving Risk Read More »