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  • Aon and Marsh McLennan call on (re)insurance industry to aid Ukraine’s resilience
    on September 8, 2024 at 7:00 am

    –      The firms emphasized that the removal of blanket exclusions would catalyze Ukraine’s growth and future reconstruction MONTE CARLO, Sept. 8, 2024 /PRNewswire/ — Aon and Marsh McLennan today called on the (re)insurance industry to build upon the capital, expertise and historical role of the (re)insurance industry to help Ukraine’s resilience by catalyzing economic growth and strengthening the country’s foundations for a post-conflict economy. The firms emphasized that the removal of blanket exclusions, which ignore the diversity of risk throughout the country, would further support for Ukraine’s economy.Additionally, since the start of the war, many global reinsurers have grouped risks originating in Ukraine, Russia, and Belarus together, excluding them from reinsurance contracts, limiting (re)insurance capital and impeding economic growth and stability. The inclusion of Ukraine with Russia and Belarus is not rooted in the data and analytics that drive the assessment of risk and overlooks that Ukraine, while under siege, seeks to further align as a free and democratic economy and member of the European Union.  “Marsh McLennan is dedicated in our support of Ukraine – helping it attract global investment to rebuild the country, and recover from the devastating impact of war on its people and economy,” said John Doyle, president and CEO of Marsh McLennan. “We call on the global insurance community to join us in this effort and end blanket exclusions for Ukraine.” “Aon’s support of Ukraine leads us to look forward to its economic recovery,” said Greg Case, CEO of Aon. “Insurance capital is essential for the reconstruction of Ukraine’s health care, energy and agricultural sectors. We’re asking the insurance industry to look closely at Ukraine’s risks and work to strengthen the public private partnerships under development.” Marsh McLennan and Aon each are already working with the Ukraine, U.S. and UK governments, along with many other international organizations, to support Ukraine’s economy as it endures ongoing attacks and accelerate investment in the country’s eventual economic recovery. In March, Marsh McLennan announced the expansion of its public-private partnership with the Ukraine government to cover all shipping to and from Ukraine’s ports. This follows Marsh McLennan’s support in helping the Ukraine Government develop its war risk data platform which provides investors and (re)insurers with granular transparent data on the impact of the conflict to date and degree of war risk.  In June, Aon worked with the U.S. International Development Finance Corporation to create a first-of-its-kind insurance program to support war risk policies for businesses operating in Ukraine. The availability of insurance for war risk, especially across health care and agriculture, will stimulate economic expansion and employment, while strengthening the foundation of Ukraine’s economy to support a robust reconstruction. The firms assert that arbitrary exclusions for Ukraine contribute to confusion about the vastly different levels of risk in the country. As a result, there are potential issues with how (re)insurers underwrite risks between regions directly impacted by the war and many areas of central and western Ukraine which have suffered little to no war damage. The use of data and analytics can enable more impactful insights into where insurance capital can contribute to Ukraine’s reconstruction and further economic growth. About AonAon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses. Follow Aon on LinkedIn, X, Facebook and Instagram. Stay up-to-date by visiting Aon’s newsroom and sign up for news alerts here. About Marsh McLennanMarsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com, or follow on LinkedIn and X. Media Contacts Aonmediainquiries@aon.comToll-free (U.S., Canada and Puerto Rico): +1 833 751 8114International: +1 312 381 3024 Marsh McLennanJason Grovesjason.groves@mmc.com+44 (0)7733 325 587   SOURCE Aon plc

  • Kia and The Ocean Cleanup celebrate partnership achievements and map out future for cleaning Great Pacific Garbage Patch
    on September 8, 2024 at 3:29 am

    –       Ongoing support from Kia has enabled the removal of over one million pounds of plastic from the Great Pacific Garbage Patch (GPGP) –       Partnership with The Ocean Cleanup aligns with Kia’s strategic transformation into a sustainable mobility solutions provider SEOUL, South Korea and SAN FRANCISCO, Sept. 8, 2024 /PRNewswire/ — Kia Corporation and global partner The Ocean Cleanup are today celebrating a significant milestone in their joint strategy to tackle plastic pollution in the world’s oceans. Symbolically returning to the port of San Francisco from which the first-generation System 001 vessel embarked on its maiden voyage six years ago, The Ocean Cleanup’s current System 03 has completed a significant haul. Since the establishment of the partnership in 2022, Kia’s support has helped The Ocean Cleanup remove over one million pounds of plastic from the world’s largest accumulation of floating waste – the Great Pacific Garbage Patch (GPGP). In a significant step towards achieving its mission of ridding the world’s oceans of plastic, The Ocean Cleanup has announced a clear timeline to clean up the GPGP. While data gathered during this season’s operations suggests that the GPGP could be cleaned within 10 years thanks to identified technological improvements, the global NGO is pushing boundaries and aims to halve the time needed to clean the GPGP to five years. Charles Ryu, Senior Vice President and Head of the Global Brand & CX Division at Kia Corporation, said: “All of us at Kia extend our warmest congratulations to The Ocean Cleanup team for its continued dedication and hard work as the only organization actively tackling plastic pollution in the GPGP. We are honored to be a key supporter of its ocean cleanup activities and look forward to an even more ambitious chapter of our partnership as System 03 and operations are improved to shorten the timeline for cleanup.” “The Ocean Cleanup is an international non-profit and our operations are reliant on our incredible partnerships”, said Boyan Slat, Founder and CEO of The Ocean Cleanup. “Our partnership with Kia is setting a new standard for how organizations can drive real change. Together, we’re proving that innovation and commitment can rid the oceans of plastic and inspire others to follow. The products born from this collaboration will symbolize our shared progress and the tangible impact of sustainable solutions.” SOURCE Kia Corporation

  • Midea’s New ECOMASTER Energy-Saving Solution Shines at IFA Berlin 2024
    on September 6, 2024 at 10:12 pm

    Combining AI algorithms, big data, and cloud connectivity to significantly improve appliance energy efficiency, without sacrificing performance BERLIN, Sept. 7, 2024 /PRNewswire/ — Midea, the world’s leading manufacturer in air treatment and home appliances, unveiled its ECOMASTER energy-saving solution at Booth 101, Hall 5.1, during IFA Berlin 2024, the world’s largest consumer and electronics show. This intelligent technology optimizes product performance and reduces energy consumption by an average of 30%. “Our users have made it clear that they care about reducing energy use and protecting the environment, and we aim to deliver,” said Kurt Jovais, Global Director of Product Management, Midea International Business. “Combining cloud connectivity, advanced analytics, and an intelligent AI algorithm, ECOMASTER achieves the perfect balance between performance and energy efficiency.” As an example, an ECOMASTER air conditioner leverages an AI algorithm pre-trained on billions of data points, continuously detecting environmental data every 30 seconds, integrating cloud-based data such weather forecasts to predict heat load changes. This enhances its predictive abilities, ensuring precise temperature control and optimizing comfort and energy efficiency for the optimal cooling experience. Midea ECOMASTER is compatible across various Midea appliances including refrigerators, washing machines, ovens, dishwashers and water heaters. When activated, the ECOMASTER autonomously optimizes energy use, and users can monitor energy savings through the app. The power of ECOMASTER is further amplified when paired with the ESS Energy Management System. The tailored AI Energy Assistant adjusts to users’ preferences for storing, charging, and discharging energy based on dynamic electricity tariffs, and employs strategies for intelligent energy allocation. Midea also respects user privacy. All uploaded data is operational, such as indoor and compressor temperatures, containing no personal information and only remaining available to the user. Midea ECOMASTER represents Midea’s latest achievement in utilizing advanced technology to develop energy-saving and user-friendly appliances for the home. About Midea & Midea Group Midea is one of over 10 brands within the Smart Home Business of Midea Group. Established in 1968, Midea Group is a leading global high-technology company, ranked #277 on the 2024 Fortune Global 500 list. It is one of the world’s largest home appliance manufacturers. In early 2021, the company streamlined its core units into five high-growth business pillars: Smart Home, Electro-Mechanical, Building Technologies, Robotics & Automation, and Digital Innovation. www.midea-group.com www.midea.com  SOURCE Midea Group

  • POWERCHINA-Intl publishes ESG Report 2023, highlighting commitment to sustainability
    on September 6, 2024 at 3:43 pm

    BEIJING, Sept. 6, 2024 /PRNewswire/ — POWERCHINA International Group Limited (POWERCHINA-Intl), the company responsible for POWERCHINA’s Overseas business, released its 2023 ESG Report on 6 September, continuing to promote its leadership in the field of global sustainability. The report focuses on 10 important substantive topics, 13 secondary substantive topics and 3 general substantive topics, comprehensively, realistically and objectively demonstrating CECC International’s in-depth exploration and practical achievements in the field of ESG, and highlighting the company’s commitment to work hand in hand with its global clients and partners to explore new paths and modes of sustainable development and create a better future together. POWERCHINA-Intl actively responds to the challenges of global climate change and leads green and low-carbon development. In the Middle East, POWERCHINA has undertaken multiple desalination projects in the United Arab Emirates, Saudi Arabia, and other countries, successfully obtaining fresh water from the sea, alleviating growing local demand for drinking water. Commercial operations of the world’s largest inprogress reverse osmosis desalination project in Taweelah, Abu Dhabi, have already alleviated demand for drinking water in those localities. In Eastern and Southern Africa, Kenya’s Maragua large-scale water supply and irrigation project is benefiting 200,000 households in the surrounding areas of Maragua Town.A key project promoted by the Kenyan Ministry of Water Sanitation and Irrigation, it is of the utmost importance for local people and upon completion,will solve the water problem for households. In Central and West Africa, a handover ceremony for POWERCHINA’s photovoltaic green energy public welfare donation was held at headquarters in the Nouakchott Region in Mauritania, making full use of the country’s abundant solar energy resources, enhancing electricity access in underserved areas. In Central Asia, POWERCHINA’s projects have helped with bird protection,reflecting the Company’s commitment to green development, conducting in-depth research on local bird populations, and ensuring multiple measures are taken to protect local biodiversity. In Europe, POWERCHINA has hired professional plant and animal environmental protection companies and invited sociologists, entomologists, ichthyologists, herpetologists and ornithologists to form a team of experts in the process of construction projects, so as to make positive exploration and contribution to the implementation of green construction in biodiversity conservation and environmental protection. In South America, POWERCHINA’s Mauriti Photovoltaic Project in Brazilwon a Municipal Contribution Award in May 2023 for its outstanding contribution to the protection of ancient cultural relics. In the ASEAN, POWERCHINA has completed more than 200 large and medium-sized green projects involving hydropower, photovoltaic, and wind power stations in 11 ASEAN countries, with a total construction project capacity of over 8,000 megawatts. Notable projects include the Jatigede Dam and Batang Hydropower Station in Indonesia. Tang Yuhua, General Manager of POWERCHINA Intl, made the ESG Global Commitment: ‘POWERCHINA Intl always adheres to the ESG values, anchors itself in the United Nations Sustainable Development Goals (SDGs), adheres to the path of sustainable development, improves the capacity of sustainable development, and strengthens the resilience of sustainable development, and walks towards the light, rises up on the wind, and electrically lights up International.’ SOURCE POWERCHINA

  • TECNO AI Vision Unveiled at IFA Berlin 2024
    on September 6, 2024 at 3:00 pm

    TECNO AI vision propels emerging markets into the new age of AI with better localization for greater productivity and creativity, and more practical value. BERLIN, Sept. 6, 2024 /PRNewswire/ — Innovative technology brand TECNO today announced TECNO AI vision at IFA Berlin 2024. Unlike others, TECNO AI unveils a series of AI functions that will enhance productivity, provide more practical value, and offer easier creative fun. These practical features will soon be rolled out on TECNO’s outstanding smart device ecosystem to empower users’ daily lives. The new TECNO AI vision will witness TECNO leveraging the power and potential of AI to drive even greater creativity, convenience, and productivity among its global consumers, promoting the early adoption of AI in emerging markets and enabling consumers there to enjoy the benefits of AI from its earliest stage.“TECNO has always been committed to revolutionizing the digital experience in emerging global markets,” said Jack Guo, General Manager of TECNO. “As the era of AI takes shape, the development of new digital technology continues at pace, while the digital divide becomes more and more obvious. TECNO hopes to bring the most advanced AI technology and innovation to emerging markets, so that every consumer around the world can equally and fairly enjoy the productivity, convenience and creativity that AI can bring.” By strengthening its commitment to bringing users the best experiences, TECNO’s AI vision is further clarified with a focus on delivering “Practical AI” with ultimate localization. TECNO believes that the most important quality of AI technology is that its integration into daily life can truly help consumers, improving living quality and efficiency. To ensure this is achieved for users around the world, TECNO AI vision is adapted to local consumers’ needs, meeting their demands where they live, with localization as a key part of TECNO’s AI strategy. TECNO AI vision integrates the most advanced AI features on the market, such as AI writing, translation, search, drawing, and more. Going forward, TECNO will invest further in its differential AI strategy – firstly with a focus on AI language localization, including minority language translation and semantic recognition development; the second focus will be the integration of AI and local apps, which can turn smart devices into customized personal assistants, helping users to call a taxi, navigate, order takeout, and more, all in a flowing and functional way. TECNO has already made significant breakthroughs in the AI field in 2024, with the launch of new AI-enhanced devices and AIOS technologies at MWC Barcelona 2024 in February. At IFA Berlin 2024, from elevating social interaction to enhancing business performance and assisting in daily life, several impressive functions further stand out in the unveiling of TECNO AI vision. These functions include the Gemini-integrated Ella AI Assistant and imaginative AI Artboard, which promise to level up the smart lives of global consumers in a more productive and creative way. Enjoy Elevated Productivity Every Day with Ease At the heart of TECNO AI vision is the freshly upgraded Ella AI Assistant – a user’s new best friend when it comes to streamlining life’s daily tasks, improving efficiency at work, and saving time for what really matters. TECNO AI Assistant is now connected to Gemini, revolutionizing how it interacts with users and bringing it to life in an exciting new way. TECNO AI Assistant’s Smart Q&A conversational functionality means it is now able to engage in streams of conversation with users, instead of providing a single response per interaction. Want to dress for the weather? Ask the AI Assistant for a weather update! Need help with scheduling? Ask the AI Assistant to plan your day! Don’t know what to cook? Ask the AI Assistant for some recipe inspiration! From simple tasks to complex problems, TECNO AI Assistant is now even better prepared to assist users around the clock.   TECNO AI vision is also on hand to help users break down communication barriers with Real-Time Translation. Whether learning a new language of dealing with clients abroad, this useful tool immediately translates speech into text during phone calls or in face-to-face situations, empowering users to engage in more fluent global conversations. TECNO’s AI Writing functions are a productivity game-changer for professionals and students alike, saving energy and effort for more important tasks. When faced with a long and time-consuming text on a website or document, users can turn to TECNO AI Assistant to quickly generate a more manageable summary of the content. When it comes to writing and editing, it is capable of generating new texts from scratch, proofreading texts, and rewriting texts in friendly, professional or concise styles. Finally, to bring more creativity to everyday, TECNO AI Search lets users learn about the world with the swipe of a finger on the screen. Whether it’s generating a tiramisu recipe from an image of an unknown cake, to buying an eye-catching fashion accessory spotted on socials, all users need to do is circle something on their screen to pull up smart information.  Give Creativity a Boost with Artistic and Imaginative AI TECNO AI is also packed full of exciting functions that will give users a creative boost. AI Artboard turns every user into an artist. With the power of AI, users can generate a universe of masterpieces across a spectrum of styles based on just a few words of text. From dogs captaining spaceships to more realistic headshots for social media profile pictures, users can let their imaginations run wild. With AI Image Editing, users will always have the perfect shot. AI Erase comes to the rescue of stunning shots that are ruined by passersby or stray objects. Instead of discarding them, users can now erase the parts of the shot they don’t want to see with total ease. To elevate shots even more, AI Portrait Beautification lets users define their own look, while AI Cutout lets users select and extract parts of a picture to share in chat or create new images. Besides images, users can explore the world of video with AI Video Production. From writing a script to generating a video and to adding subtitles in post, TECNO AI vision empowers the entire movie making process. TECNO AI Integration in TECNO Devices TECNO firmly believes that for interaction between AI and global users to be meaningful, it must ultimately be actualized by the implementation of the technologies on devices. By doing so, as is the goal of the TECNO AI strategy, users in emerging markets will feel the stark benefit of future technologies in their everyday lives. TECNO is seamlessly incorporating its AI technologies into its whole product ecosystems, including but not limited to its laptops, earphones, AR gaming set and other wearable devices, to significantly enrich the smart device experience for global consumers. View original content:https://www.prnewswire.com/apac/news-releases/tecno-ai-vision-unveiled-at-ifa-berlin-2024-302238254.html SOURCE TECNO Mobile Limited