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Verisk launches SRCC catastrophe model for the US

Data analytics and technology provider Verisk has released a first-of-its-kind catastrophe model to help quantify the financial impacts of strikes, riots and civil commotion (SRCC) in the United States in response to escalating insurance losses from large-scale civil unrest events recently.

UK watchdog bans HSBC climate change ads

The UK’s Advertising Standards Authority (ASA) has banned HSBC from running two advertisements, concluding that they are “misleading” about the bank’s climate change efforts.