Climate-related flooding and droughts are likely to impact millions more people and cost the world’s major cities $194bn (£158bn) annually by 2050, new research suggests.
The global insurance industry is forecast to spend up to $24bn (£19.6bn) implementing the new IFRS 17 accounting standard, which is significantly more than was projected a year ago.
The Glasgow Financial Alliance for Net Zero (GFANZ) has today launched a consultation on a new common framework for financial institutions to demonstrate the integrity of their climate plans.
Few business leaders across the UK and US feel able to manage current geopolitical risks well, with concerns around inflation and the possible consequences of war up significantly since last year.
New coal power capacity is becoming increasingly difficult to insure outside of China, with utilities now turning to inexperienced companies for coverage.
Most business leaders are no more confident in their ability to manage cyber risks than they were two years ago, despite unrelenting workplace disruption, digital transformation and ransomware attacks.
Emerging data science tools and techniques are redefining what it is to be an actuary. Organisations worldwide are looking to optimise their operations , and recruitment agencies are inundated with requests for talent that stands out from the crowd.
Mukami Njeru and Lucy Muthoni talk to Kim Chimsasa and Chris Seekings about their work at the Actuarial Academy of East Africa, and improving access to the profession on the continent
