Fitch Warns of Rising Mortgage-Bond Risk Due to Extreme Weather
For analysts at Fitch Ratings, the recent demolition of a Swiss village by a glacier is fresh proof that climate change is altering the laws of mortgage risk.
The world looked on in shock last month as 3 million cubic meters of rock and mud buried the Swiss village of Blatten. The Alps are already about 2C hotter than they were at the time of the industrial revolution, meaning glaciers are continuing to thaw at a dangerous pace. And with global warming currently on track to be roughly double the critical threshold of 1.5, scientists warn that the risk of property damage caused by floods, mudslides, fires and storms is growing by the day.
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3 hours ago
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Fitch Warns of Rising Mortgage-Bond Risk Due to Extreme Weather
For analysts at Fitch Ratings, the recent demolition of a Swiss village by a glacier is fresh proof that climate change is altering the laws of mortgage risk. The world looked on in shock last month as 3 million cubic meters of rock and mud buried the Swiss village of Blatten. The Alps are already about 2C hotter than they were at the time of the industrial revolution, meaning glaciers are continuing to thaw at a dangerous pace. And with global warming currently on track to be roughly double the critical threshold of 1.5, scientists warn that the risk of property damage caused by floods, mudslides, fires and storms is growing by the day.
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9 hours ago
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AISIX Solutions Inc. Pulls Back the Curtain on the Science Powering Its Wildfire Predictions in Exclusive Interview with Ben Mulroney
Segment on The Ben Mulroney Show Discusses Real-Time Relevance of AISIX's Wildfire Data Amid 2025 Fire Season Vancouver, British Columbia--(Newsfile Corp. - June 9, 2025) - AISIX Solutions Inc., (TSXV: AISX) (FSE: QT7) ('AISIX' or 'the Company'), a provider of climate risk data and analytics, is pleased to share a recent media interview featuring Dr. Erik Young, the Company's Senior Climate Scientist. The interview aired on The Ben Mulroney Show, a nationally syndicated Canadian radio program. In the interview, Dr. Young discussed AISIX's Wildfire 3.0 data, including the scientific methodology underlying the Company's wildfire modeling approach and its observed alignment with emerging wildfire patterns during the 2025 fire season. The discussion covered key aspects of AISIX's simulation engine, climate inputs, and potential use cases for government agencies, insurers, and critical infrastructure operators. 'We're seeing early-season wildfire activity in areas our model had identified as higher-risk,' said Dr. Young during the segment. 'It's a good indicator that our integrated approach using climate projections, fire behavior modeling, and data analytics focused on many aspects of fire regimes, has predictive relevance in real-world conditions.' The Company notes that several regions identified in its Q1 2025 reports, including Fort Smith and Swan Hills, are currently impacted by active wildfires. AISIX's Wildfire 3.0 product leverages the Cell2Fire2 engine and incorporates Shared Socioeconomic Pathway (SSP) climate scenarios to produce burn probability, fire intensity, and fire footprint projections across Canada. The full interview is available to listen to in the Media Coverage section of the company's Newsroom. AISIX Solutions' Wildfire 3.0 data is delivering actionable intelligence when it is needed most. As wildfire seasons grow in length and intensity, organizations can no longer rely on historical data alone. Governments, insurers, industry partners, and infrastructure operators are invited to request a demo today to learn how to integrate Wildfire 3.0 's predictive modeling into their risk mitigation, emergency response, and climate resilience strategies. For more information about AISIX Solutions Inc. and its climate risk solutions, please visit or follow the Company on X (formerly Twitter) at @AISIXSolutions or on LinkedIn at About AISIX Solutions Inc. AISIX Solutions Inc., is a climate risk and data-analytics solutions provider trusted by organizations seeking a more predictive future. Leveraging the advancements of data analytics, and risk assessment, AISIX Solutions Inc. is on a mission to provide auditable, explainable, and defensible assessments to help businesses and communities protect their property, assets, and infrastructure from wildfire-related risks. By empowering organizations with wildfire risk insights, AISIX Solutions Inc. aims to foster resilience and sustainability in the face of climate change. For further information: Mihalis Belantis, Chief Executive Officer +1 (604) 620-1051 [email protected] Forward-Looking Statements Certain information in this news release constitutes forward-looking statements and forward-looking information (collectively, the 'forward-looking statements') within the meaning of Canadian securities laws, and is subject to numerous risks, uncertainties, and assumptions, many of which are beyond the Company's control. This forward-looking information includes, among other things, information with respect to the Company's beliefs, plans, expectations, anticipations, estimates and intentions. The words 'may', 'could', 'should', 'would', 'suspect', 'outlook', 'believe', 'anticipate', 'estimate', 'expect', 'intend', 'plan', 'target' and similar words and expressions are used to identify forward-looking information, including the Company's expected product offerings, the functionalities of the AI Climate Risk Consumer Interface and the Company's expected growth opportunities. The forward-looking information in this news release describes the Company's expectations as of the date of this news release. The results or events anticipated or predicted in such forward-looking information may differ materially from actual results or events. Material factors which could cause actual results or events to differ materially from such forward-looking information include, among others, the Company's ability to engage and retain qualified key personnel, employees and affiliates, the Company's ability to obtain capital and credit on reasonable terms, the Company's ability to compete and the Company's ability protect its intellectual property rights. The Company cautions that the foregoing list of material factors is not exhaustive. When relying on the Company's forward-looking information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company has assumed a certain progression, which may not be realized. It has also been assumed that the material factors referred to in the previous paragraph will not cause such forward-looking information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking statements contained in this news release represent the expectations of the Company as of the date of this news release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time. Media Contact [email protected] Investor Relations [email protected]To view the source version of this press release, please visit
