Weather Archives - International Finance

Portugal announces extensive solar power plans in midst of record-breaking heat wave

International Finance DeskAugust 13, 2018

by International Finance DeskAugust 13, 2018

The country’s leaders are exploring how it can use extreme weather conditions to their advantage, by opening one of Europe’s largest solar plants and expanding renewable energy goals...

Materialising the concept of ‘Insurance for Everyone’

International Finance DeskFebruary 15, 2016

by International Finance DeskFebruary 15, 2016

The insurance penetration in Bangladesh is less than 1%, which shows the current scenario of the market February 15, 2016: The insurance industry in Bangladesh is considered to be an untapped sector. It has one of the lowest insurance penetrations in the world (around 1%). While some choose to be pessimistic about it, insurance experts...

January winter weather causes $4bn loss to global economy

International Finance DeskFebruary 11, 2016

by International Finance DeskFebruary 11, 2016

Report says US faces potential $2bn economic loss from major winter storm February 11, 2016: Impact Forecasting, Aon Benfield’s catastrophe model development team, launched the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during January 2016. Aon Benfield is the global reinsurance intermediary and capital advisor of...