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With global insured losses from natural disasters hitting $108 billion in 2023, Swiss Re emphasizes the urgent need for adaptation measures and climate risk mitigation.
Leaked documents shed light on mysteries surrounding numerous masterpieces.
The 100 Resilient Cities initiative continues to grow in the U.S. and globally.
Our health and economy are increasingly exposed to a long-documented but ignored risk.
The aggregated impact of a cyber attack on the U.S. power grid could cause huge economic losses and upheaval.
The resources aligned to remediate acid mine drainage are minimal compared to the cost; up to $72 billion.
An insured discovered after a fire that his broker failed to act on his request to procure fire insurance, according to allegations in the lawsuit.
Personal liability judgments against the very rich escalated in monetary value over the past 20 years.
The aspect of fire prevention managers can best control is ignition sources.
A look at the latest legal cases impacting the industry.
Transportation
The insurance industry faces a long and arduous claims process for last year’s devastating Tianjin Port disaster.
Site-specific risk assessments do what standard models can’t, benefitting both insurer and insured.
Investment in Chile and Paraguay is up sharply, as Brazil sees some investment declines.
The threat of a catastrophic cyber attack on our infrastructure is real.
Legionella remains a costly and deadly foe in real estate, hospitality and other sectors of the economy.
Encrypted DNA can track stolen artwork as well as be used for authentication purposes.
The private insurance market needs to better understand exposure to flooding.
Except for cyber, risk managers can expect declining insurance premiums.
Coral reefs protect against flooding, and coral is used in the creation of heart disease and cancer drugs.
In response to a need to protect fine art and other collectibles from natural catastrophes, the art warehouse industry is on the rise.