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As insurers move away from climate risks, governments will need to step in
The accelerating climate change can increase the likelihood of widespread disruptions to the financial sector, including the insurance...
Dec 8, 20232 min read
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Cyber gangs improvise their tactics to extract more ransom
Cyber criminals, especially the organized gangs indulging in these activities, are revising the ways they blackmail their victims as the...
Dec 5, 20232 min read
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Power sector faces challenging and unchartered waters
A "Trilemma of Tension" in the global power sector is encompassing stress between energy security, affordability and sustainability and...
Nov 23, 20232 min read
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News Risk Management15 Nov 2023Failure to attract and retain talent is a major business risk
The 2023 edition of Aon's biennial survey of global risks has revealed that human capital issues are no longer simply a "people problem",...
Nov 17, 20232 min read
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Insurers continue to back fossil fuel production
Most of the insurers continue to support projects to increase oil and gas production, even though climate scientists and experts agree...
Nov 16, 20231 min read
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Generative AI will play a prominent role in cyber attacks
Companies must upgrade their cyber security systems as AI threatens to make cyber attacks more sophisticated according to new research by...
Nov 10, 20232 min read
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Coastal communities at risk of becoming uninsurable
A new analytical report anticipates increased reliance on government insurance programmes as insurers exit catastrophe-prone states in...
Nov 9, 20232 min read
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Cyber claims set to increase 25% in 2023
An increase in ransomware attacks in 2023 is challenging companies' cyber security defenses according to a new report by Allianz...
Nov 9, 20232 min read
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