Greece’s center-right government has created a new ministry to address the impact of climate change and named former European Union commissioner Christos Stylianides as minister. Stylianides, 63, who served as commissioner for humanitarian aid and crisis management between 2014 and …
Catastrophe risk specialist, RMS, estimates onshore and offshore U.S. insured losses from Hurricane Ida in the Gulf of Mexico region to be between $25 billion and $35 billion. RMS’ estimate includes losses to the National Flood Insurance Program (NFIP) in …
Officials are investigating a release of toxic ammonia gas at a Middle Tennessee chicken processing plant that led to the evacuation of more than 200 residents. Fire officials said the gas leak at a Tyson Foods facility in Goodlettsville early …
Joe Sobol, owner of Big Easy Construction in New Orleans, has bad news for homeowners who’ve been calling about roofs damaged by Hurricane Ida or to get an update on renovations that were scheduled before the storm ripped through the …
BKS Partners Baldwin Krystyn Sherman Partners, LLC (“BKS Partners”), an indirect subsidiary of BRP Group, Inc. (“BRP Group”) (NASDAQ: BRP), an insurance brokerage and risk management firm headquartered in Tampa, Fla. has added John Pollock as Managing Advisor in their …
Global property/casualty premiums are expected to more than double to US$4.3 trillion in 2040 from US$1.8 trillion in 2020 – growth driven by economic development, urbanization and climate change, according to Swiss Re’s latest sigma study. The study revealed that …
In September last year, Google’s cloud unit looked into using artificial intelligence to help a financial firm decide whom to lend money to. It turned down the client’s idea after weeks of internal discussions, deeming the project too ethically dicey …
Ryan Specialty Group announced that Tom Clark, chief executive officer of RSG Underwriting Managers, Ryan Specialty’s underwriting management specialty, will resign from his position effective September 30, 2021. “It is unfortunate that I have to unexpectedly step away from my …
The world’s largest plant that sucks carbon dioxide directly from the air and deposits it underground is due to start operating on Wednesday, the company behind the nascent green technology said. Swiss start-up Climeworks AG, which specializes in capturing carbon …
CAPE TOWN — South Africa’s state-owned insurance company Sasria is in talks with National Treasury for a larger bailout than the 3.9 billion rand ($272 million) already promised, its managing director told a parliamentary committee on Wednesday. Sasria, the only …