Extreme heat has become a significant challenge for dairy and cattle producers, severely impacting animal health, milk production, and overall farm profitability. This issue is primarily due to heat stress, which reduces feed intake, lowers fertility rates, and increases the risk of illness and
The paradox within the insurance industry is starkly highlighted by current investments in fossil fuels and their consequent environmental impact. As insurers face significant financial losses due to climate change-related damages, they continue to invest in industries that exacerbate these risks.
In the ever-evolving landscape of Canada's financial markets, the Office of the Superintendent of Financial Institutions (OSFI) has updated its Annual Risk Outlook for the current period. This report identifies numerous significant risks that may impact the financial sector and outlines
As the years advance, financial institutions must continually adapt to an evolving landscape characterized by regulatory shifts, technological advancements, economic uncertainty, and geopolitical tensions. This environment presents both significant challenges and opportunities, demanding heightened
In this interview, we speak with Simon Glairy, an expert in the fields of insurance and Insurtech, with a specialized focus on risk management and AI-driven risk assessment. How would you describe your approach to meeting with new clients? When I meet with potential clients, I focus on a
Insurers are increasingly playing a pivotal role in facilitating the green transformation of businesses. With the urgent need to address climate change and the shift towards sustainable energy sources like wind, solar, and geothermal power, the insurance industry is stepping up to support this