New York Department of Financial Services Superintendent Lacewell Announces New DFS Report On New York Domestic Insurersâ Exposure To Financial Risks Arising From The Low-Carbon Transition - Follows DFSâs Issuance Of Proposed Guidance For New York Domestic Insurers On Managing The Financial Risks From Climate Change - Supports New York Insurersâ Efforts To Manage Their Exposure To Low-Carbon Transition Risks
New York Department of Financial Services Superintendent Lacewell Announces New DFS Report On New York Domestic Insurersâ Exposure To Financial Risks Arising From The Low-Carbon Transition - Follows DFSâs Issuance Of Proposed Guidance For New York Domestic Insurers On Managing The Financial Risks From Climate Change - Supports New York Insurersâ Efforts To Manage Their Exposure To Low-Carbon Transition Risks
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Engaging the insurance sector in making roads safer
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Road traffic crashes are one of the leading causes of death globally 1.25 million people are estimated to be killed on the roads each year, representing more than 3,400 deaths per day equivalent to more than 141 deaths per hour while another 30 to 50 million people are injured every year.
Road crashes are responsible for more deaths than malaria, suicides and homicides and are the only non-disease-related cause among the ten leading causes of death ranked by the World Health Organization (WHO).
Road crash deaths are estimated to rise to 1.9 million by 2020 due to increased motorisation across the world, especially in low and middle income countries (LMICs), which are highly likely to experience the greatest increases in future fatality rates.