In the Asia-Pacific region, natural disasters in the first six months of this year resulted in overall losses of approximately $7bn, of which roughly $3bn was insured, says Munich Re.
Less than half of local government properties were insured with the Government Service Insurance System (GSIS) as of 31 December 2022, according to the agency.
Risk
Disastrous climate events in Asia in 2022 caused a pronounced increase in the number of fatalities, number of people affected and economic damages according to a new report released by World Meteorological Organization (WMO).
Employees frequently interact with AI systems are more likely to experience loneliness that can lead to insomnia according to new research published by the American Psychological Association (APA).
A single Indian organisation suffered 2,146 cyber attacks on average per week in the last six months, compared to 1,239 attacks per organisation globally, according to a new report.