Pacific typhoon season

$10.68 Billion Worldwide Emergency Food Industry to 2027 - Featuring Conagra Brands, Del Monte Foods, General Mills and Lotte Among Others

Retrieved on: 
Friday, December 9, 2022
General Mills, Water, Flood, RTE, Tornado, Food, Cooking, Mitsubishi Corporation, Kraft Heinz, PepsiCo, Non-governmental organization, The Coca-Cola Company, Lotte Corporation, Nut, Princes Group, Vegetable, Kellogg's, Conagra Brands, Government, COVID-19, Disaster, Earthquake, Pacific typhoon season, Emergency, Renewable energy, Bottled water, Fast food, Potash, Growth

The global emergency food market reached a value of US$ 6.84 Billion in 2021.

Key Points: 
  • The global emergency food market reached a value of US$ 6.84 Billion in 2021.
  • Emergency food is stored for consumption during emergencies and other uncertain situations.
  • At present, there is a rise in the demand for healthy, on-the-go food products, which is driving the sales of emergency food products across the globe.
  • What is the structure of the global emergency food market and who are the key players?

KCC Releases Climate-Conditioned Catalogs for Hurricanes, Floods, and Wildfires

Retrieved on: 
Monday, December 5, 2022
Sustainability, Environment, Climate Change, Flood, IPCC Sixth Assessment Report, ESG, Science, IPCC, Research, Climate, Risk management, Wildfire, Strategic planning, Geoscientific Model Development, VPD, PML, Intergovernmental Panel on Climate Change, Pacific typhoon season, KCC, Business development, Climate change, Risk, Agriculture

KCC is pleased to announce the release of complete stochastic climate-conditioned catalogs for the weather-related perils most impacted by climate changehurricanes, floods, and wildfires.

Key Points: 
  • KCC is pleased to announce the release of complete stochastic climate-conditioned catalogs for the weather-related perils most impacted by climate changehurricanes, floods, and wildfires.
  • Last year, the IPCC released its Sixth Assessment Report (AR6), said Dr. Daniel Ward, KCC Director, Model Development.
  • Apart from projected future losses, the KCC Reference Models incorporate the impacts of climate change to date on current losses.
  • The KCC climate conditioned catalogs are available on the RiskInsight open loss modeling platform or via KCCs comprehensive consulting services.

Hyatt To Expand Independent Collection Brands in Key Global Destinations Through 2025

Retrieved on: 
Monday, December 5, 2022
Retail, Other Travel, Architecture, Lodging, Destinations, Travel, Other Transport, Other Construction & Property, Restaurant, Bar, Construction & Property, Transport, Other Retail, Vacation, Interior Design, Heart, G.I. Joe: Timeless Collection, ALG, Policy, COVID-19, Ronil Royale, Pacific typhoon season, Form 10-K, Sound of Truth: The Independent Collection, Pell, Lindner Hotels & Resorts, Apple Leisure Group, City, Infection, Growth, Annual report, Failure, Trade, Sun, Flood, Tornado, Internet, Environment, Custom House, Shanghai, Earthquake, Share repurchase, Acquisition, Travel, Collection, Joie de vivre, Tsunami, Alderbrook Resort & Spa, JDV, Pandemic, FILA, Wildfire, Nouvelle-Aquitaine, Spa Resort Hawaiians, Hotel

Embracing the brands namesake (joie de vivre), JdV by Hyatt hotels invite guests and locals alike to connect, live in the moment and celebrate the joy of life.

Key Points: 
  • Embracing the brands namesake (joie de vivre), JdV by Hyatt hotels invite guests and locals alike to connect, live in the moment and celebrate the joy of life.
  • Ronil (Baga, India): Set on 1.6-acres in Baga, India, this JdV by Hyatt hotel will join three other Hyatt hotels in the region: Alila Diwa Goa, Grand Hyatt Goa and Hyatt Centric Candolim Goa.
  • The term Hyatt is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.
  • The Company's offering includes brands in the Timeless Collection, including Park Hyatt, Grand Hyatt, Hyatt Regency, Hyatt, Hyatt Residence Club, Hyatt Place, Hyatt House, and UrCove; the Boundless Collection, including Miraval, Alila, Andaz, Thompson Hotels, Hyatt Centric, and Caption by Hyatt; the Independent Collection, including The Unbound Collection by Hyatt, Destination by Hyatt, and JdV by Hyatt; and the Inclusive Collection, including Hyatt Ziva, Hyatt Zilara, Zotry Wellness & Spa Resorts, Secrets Resorts & Spas, Breathless Resorts & Spas, Dreams Resorts & Spas, Vivid Hotels & Resorts, Alua Hotels & Resorts, and Sunscape Resorts & Spas.

Arbol's Parametric Catastrophe Reinsurance Solution Delivers One of the First Payouts for Hurricane Ian Damages

Retrieved on: 
Tuesday, December 6, 2022
Centauri, National Hurricane Center, Parametric, Berkshire Hathaway, Tropical Storm Ian, Ecosystem, Financial technology, Partnership, Season, Hurricane Irma, Wind, Agriculture, Climate, Pacific typhoon season, Policy, Arbol, Insurance, Artificial intelligence, Growth, Thought, GWP, Aviva, Risk, Property insurance, Reinsurance

NEW YORK, Dec. 6, 2022 /PRNewswire/ -- Arbol Inc. (Arbol), a global climate risk solutions platform, today announced the parametric reinsurance solution it developed covering hurricane risks in the state of Florida delivered a $10 million payout to Centauri Insurance, a property and casualty insurer operating in nine U.S. states. The payout was executed on October 21, just three weeks after Hurricane Ian departed the U.S. in one of the first payouts for loss or damage attributed to Hurricane Ian.

Key Points: 
  • The payout was executed on October 21, just three weeks after Hurricane Ian departed the U.S. in one of the first payouts for loss or damage attributed to Hurricane Ian.
  • Insurance carriers exposed to named storms can obtain a fully collateralized reinsurance solution developed by Arbol that pays out based on predefined, objective parameters.
  • The company developed a parametric reinsurance product covering hurricane risks in Florida and other U.S. states.
  • The parametric loss is calculated at individual policy location level and the payout is based on a reinsurance layer protecting the entire portfolio.

SJW Group Announces Stephanie Orosco Promoted to Chief Human Resources Officer

Retrieved on: 
Thursday, December 1, 2022
Energy, Professional Services, Utilities, Human Resources, Culture, Applied Materials, Environment, Tornado, Earthquake, Cyberattack, Multimedia, Orosco, Risk, Weather, Climate change, Cisco Systems, Explosion, Annual report, Drought, Pacific typhoon season, Wildfire, Sumathi Best Television Current Reporting Award, SJW Group, SJW, Investment, Fire, NYSE, Water supply, Water, Human resources, Flood, Public expenditure, Management, Risk management, Coronavirus

SJW Group (NYSE: SJW) announced today that Stephanie Orosco has been promoted to Chief Human Resources Officer of SJW Group.

Key Points: 
  • SJW Group (NYSE: SJW) announced today that Stephanie Orosco has been promoted to Chief Human Resources Officer of SJW Group.
  • Orosco most recently served as the vice president of human resources (HR) at San Jose Water, a subsidiary of the company in California.
  • Kristen Johnson, SJW Group SVP and Chief Administrative Officer, added, Stephanie's venerable mix of human, technical and strategic abilities will empower both our Human Resources professionals and the Company to compete for and retain the best talent to serve our customers.
  • SJW Group undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Hurricane Ian drives natural catastrophe year-to-date insured losses to USD 115 billion, Swiss Re Institute estimates

Retrieved on: 
Thursday, December 1, 2022
Tropical Storm Ian, Swiss Re, Environment, Science, Hurricane Katrina, Risk, Extreme weather, Weather, Insurance, Climate change, Nature, USD, Pacific typhoon season, Urbanization, Multiple-peril insurance, Flood, EUR, Hurricane Andrew, Ian, Property insurance

The re/insurance industry covered roughly 45% of the economic losses this year, indicating a large protection gap across the world.

Key Points: 
  • The re/insurance industry covered roughly 45% of the economic losses this year, indicating a large protection gap across the world.
  • Hurricane Ian is this year's costliest natural catastrophe with estimated preliminary insured losses of USD 5065 billion.
  • Swiss Re Institute estimates it to be the second-costliest insured loss ever on sigma records after Hurricane Katrina in 2005.
  • Urban development, wealth accumulation in disaster-prone areas, inflation and climate change are key factors at play, turning extreme weather into ever rising natural catastrophe losses.

Kristen A. Johnson Promoted to Senior Vice President and Chief Administrative Officer of SJW Group

Retrieved on: 
Wednesday, November 30, 2022
Energy, Other Energy, Utilities, Environment, Tornado, Earthquake, Cyberattack, Connecticut Water Service, Inc., Multimedia, Risk, Weather, Climate change, Workplace, Explosion, Annual report, Drought, Lead, Wildfire, Pacific typhoon season, SJW Group, SJW, American International College, Information technology, Senior, Investment, Sumathi Best Television Current Reporting Award, Fire, NYSE, Water supply, Water, Elms College, Flood, Public expenditure, Management, Coronavirus

SJW Group (NYSE: SJW) has announced that Kristen A. Johnson has been promoted to senior vice president and chief administrative officer.

Key Points: 
  • SJW Group (NYSE: SJW) has announced that Kristen A. Johnson has been promoted to senior vice president and chief administrative officer.
  • Johnson has served as the chief administrative officer for SJW Group since 2019.
  • View the full release here: https://www.businesswire.com/news/home/20221130005233/en/
    Kristen A. Johnson, Senior Vice President and Chief Administrative Officer of SJW Group (Photo: Business Wire)
    The board and I recognize the powerful impact Kristen is having on our organization during this extraordinary time, stated SJW Group Chair and President Eric W. Thornburg.
  • Johnson concurrently serves as senior vice president at Connecticut Water Company, a Connecticut subsidiary of SJW Group, a position she has held since 2019.

Aflac Incorporated to Present at the Goldman Sachs 2022 U.S. Financial Services Conference

Retrieved on: 
Tuesday, November 29, 2022
Software, COVID-19, Privacy, Tsunami, Analyst, Tornado, Earthquake, Terrorism, ESG, Conference, Multimedia, AFL, Climate change, Insurance, PRI, Government, Socially responsible investing, Goldman Sachs, Pacific typhoon season, Pandemic, St. Louis Fed Financial Stress Index, Epidemic, Information technology, Goldman, Webcast, Security (finance), Aflac, Principles for Responsible Investment, NYSE, Confidentiality, Dow Jones, Social responsibility, Failure, Principle, Violence, Coronavirus, Ethisphere Institute

COLUMBUS, Ga., Nov. 29, 2022 /PRNewswire/ -- Aflac Incorporated (NYSE: AFL) announced today that President and Chief Operating Officer of Aflac Incorporated Frederick J. Crawford and Executive Vice President and Chief Financial Officer of Aflac Incorporated Max K. Brodn will participate in a fireside chat at the Goldman Sachs 2022 U.S. Financial Services Conference on December 6, 2022 at 10:40 a.m.

Key Points: 
  • COLUMBUS, Ga., Nov. 29, 2022 /PRNewswire/ -- Aflac Incorporated (NYSE: AFL) announced today that President and Chief Operating Officer of Aflac Incorporated Frederick J. Crawford and Executive Vice President and Chief Financial Officer of Aflac Incorporated Max K. Brodn will participate in a fireside chat at the Goldman Sachs 2022 U.S. Financial Services Conference on December 6, 2022 at 10:40 a.m.
  • Please click here to register for the webcast at least 15 minutes prior to the presentation to download and install any necessary software.
  • For more than six decades, the insurance policies of Aflac Incorporated's subsidiaries have given policyholders the opportunity to focus on recovery, not financial stress.
  • Learn more about Aflac Incorporated and its commitment to ESG and social responsibility at investors.aflac.com under " Sustainability ."

Hyatt Continues Asset-Light Growth Strategy with Plans to Acquire Dream Hotel Group

Retrieved on: 
Tuesday, November 29, 2022
Commercial Building & Real Estate, Vacation, Lodging, Construction & Property, Destinations, Travel, REIT, Tornado, Earthquake, JDV, Annual report, Share repurchase, G.I. Joe: Timeless Collection, Internet, Environment, Sound of Truth: The Independent Collection, Infection, Latham & Watkins, Alderbrook Resort & Spa, Policy, Travel, Hotel Management, Development, Apple Leisure Group, Person, COVID-19, Growth, Tsunami, ALG, DNA, Pacific typhoon season, Wildfire, Philosophy, NYSE, Trade, Sant Singh Chatwal, Failure, Acquisition, Head, Multimedia, Operation, Pandemic, Saint Lucia, Flood, Form 10-K, Collection, Spa Resort Hawaiians, Hotel, Catskill Mountains

Hyatt Hotels Corporation (NYSE: H) and Dream Hotel Group announced an agreement for a Hyatt affiliate to acquire Dream Hotel Groups lifestyle hotel brand and management platform including the Dream Hotels , The Chatwal Hotels and Unscripted Hotels brands, with properties in some of the worlds most prominent hotel markets across the Americas, Europe and Asia.

Key Points: 
  • Hyatt Hotels Corporation (NYSE: H) and Dream Hotel Group announced an agreement for a Hyatt affiliate to acquire Dream Hotel Groups lifestyle hotel brand and management platform including the Dream Hotels , The Chatwal Hotels and Unscripted Hotels brands, with properties in some of the worlds most prominent hotel markets across the Americas, Europe and Asia.
  • Hyatt has a proven track record of preserving what makes lifestyle hotels special and is the ideal new home for our growing Dream Hotel Group brands, said Sant Singh Chatwal, chairman and founder, Dream Hotel Group.
  • Dream Hotel Group CEO Jay Stein will join Hyatt as Head of Dream Hotels to guide the integration of the Dream Hotel Group brands into the Hyatt portfolio, ensuring the unique DNA of each brand is preserved while leveraging Hyatts capabilities to optimize property performance.
  • Home to its Dream Hotels, Unscripted Hotels, The Chatwal and new By Dream Hotel Group brands, Dream Hotel Group encompasses three business lines: Proprietary Brands, Hotel Management, and Dining & Nightlife.

Sempra Foundation Wins U.S. Chamber of Commerce Foundation's Top Honor for Corporate Citizenship

Retrieved on: 
Tuesday, November 29, 2022
SAN, Earthquake, When Disaster Strikes..., BMV, Organization, HIV/AIDS, Tecate, Conference, Multimedia, Orphanage, Global Environmental Citizen Award, Pacific typhoon season, Homelessness, Wildfire, NYSE, Tuberculosis, Commerce, Social responsibility, Investment, Pharmaceutical industry, Renewable energy, Sempra Energy

This prestigious honor was earned for Sempra Foundation's support of energy access programs designed to strengthen communities and create opportunities for all.

Key Points: 
  • This prestigious honor was earned for Sempra Foundation's support of energy access programs designed to strengthen communities and create opportunities for all.
  • Companies and chambers of commerce from around the globe compete for the Citizens Awards, making it one of the most coveted recognitions in corporate citizenship.
  • "Sempra Foundation, through Sempra's support, has done exceptional work to expand reliable, cleaner energy access for under-resourced communities," said Marc DeCourcey, senior vice president of the U.S. Chamber of Commerce Foundation.
  • The U.S. Chamber Foundation announced the winners of this year's Citizens Awards on November 16, 2022, at the 2022 Corporate Citizenship Conference and Awards: Business Solves.