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Mitigating the impact of climate change in insurance and other financial services  

IBM Big Data Hub

These climate events have a huge potential impact on financial institutions. In 2021, large-scale floods affected the European countries of Austria, Germany, Belgium, the Netherlands and Luxembourg, causing USD 43 billion worth of damage in addition to a tragic loss of life. As a result, their market would shrink.

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EU data governance regulation – a wave of digital, regulatory and antitrust reform begins – Part 1

Data Protection Report

On 25 November 2020, the European Commission ( EC ) published its proposed Data Governance Regulation (the DGR ), which will create a new legal framework to encourage the development of a European single market for data. The EC’s Data Strategy sets out a vision of common European data spaces, a Single Market for data.