Ship With No Permit Causes Philippine Oil Spill; Cleanup Is ‘Logistical Nightmare’ March 15, 2023 By Ditas Lopez The Philippines is grappling with the fallout of an oil spill south of Manila, with a contractor describing the cleanup...
What’s Happening at Fukushima Nuclear Plant 12 Years After Meltdown? March 15, 2023 By Mari Yamaguchi Twelve years after the triple reactor meltdowns at the Fukushima Daiichi nuclear power plant, Japan is preparing to release a...
EU Prepares for Climate Stress Test That Includes Insurers March 14, 2023 By Steven Arons The European Union is starting to prepare the region’s next stress test to measure the financial sector’s readiness for climate...
People Moves: Lloyd’s Names James as COO, Taking Over From Keese Who Continues as CFO; Howden Tiger Builds Int’l Treaty Team With Appointment of Ed Broking’s Jani March 14, 2023 This edition of International People Moves details appointments at Lloyd’s and Howden Tiger. A summary of these new hires follows...
Philippines Increases Efforts to Contain Oil Spill From Sunken Tanker March 14, 2023 Philippine authorities have increased efforts to contain an oil spill from a sunken fuel tanker that has affected coastal towns...
Specialist Risk Group Acquires Mid-Market Commercial Broker Consort Insurance March 14, 2023 Specialist Risk Group (SRG), the London-based insurance broker, announced the acquisition of mid-market commercial broker Consort Insurance, subject to regulatory...
Generali Hikes Dividend Payout After Posting Its Best Ever Operating Profit March 14, 2023 By Gianluca Semeraro Italy’s Assicurazioni Generali surprised investors on Tuesday by hiking the dividend payout on its 2022 results after posting its best...
Ukraine Rebuffs Russia’s Offer of 60-Day Extension on Grain Deal March 14, 2023 By Áine Quinn, Megan Durisin and Aliaksandr Kudrytski Ukraine pushed back on Russia’s apparent offer to extend the landmark grain-export deal by just 60 days when it comes...
Insurers Successfully Merge Lawsuits Brought by Lessors for Jets Confiscated in Russia March 13, 2023 By Siddharth Philip and Upmanyu Trivedi Insurers led by AIG succeeded in their attempt to merge several lawsuits brought by aircraft lessors over outstanding claims for...
Aon Updates Europe Windstorm, Severe Convective Storm Models March 13, 2023 Aon plc, a leading global professional services firm, updated its Impact Forecasting Europe Windstorm and Severe Convective Storm (SCS) catastrophe...