Exxon Avoids Hiring Tankers That Previously Transported Russian Oil December 21, 2022 By Asad Zulfiqar and Alex Longley Exxon Mobil Corp., is avoiding hiring oil tankers that previously carried cargoes from Russia, putting itself in the same camp...
Philips Says Tests on Recalled Respiratory Devices Show Limited Health Risks December 21, 2022 By Bart H. Meijer AMSTERDAM — Dutch health technology company Philips said on Wednesday independent tests on its respiratory devices involved in a major...
Sompo Int’l Completes Sale of Lloyd’s Run-off Business to Legacy Specialist RiverStone December 20, 2022 Sompo International, the Bermuda-based provider of commercial and consumer property and casualty re/insurance, announced that it has completed the transfer...
EU Forms Landmark Deal to Bolster Carbon Market as Centerpiece of Green Strategy December 20, 2022 By Ewa Krukowska and John Ainger The European Union reached an agreement to strengthen and expand its flagship carbon market, endorsing the centerpiece of the Green...
EU Unity Over Russia Sanctions Falters as Europe’s Economy Weakens December 20, 2022 By John O'Donnell European Union unity over sanctions on Russia has started to falter as jitters about the impact on Europe’s own stumbling...
Fund Managers Frustrated Over Confusing ESG Regulations December 20, 2022 By Greg Ritchie, Steven Arons and Natasha White After a turbulent few weeks during which some of the world’s biggest asset managers removed coveted ESG tags from huge...
Biodiversity Emerges as New Risk for Asset Managers After UN Summit December 20, 2022 By Alastair Marsh Fund managers who haven’t cared about biodiversity may soon find they have to. In the early hours of Monday in...
Insurers May Refuse to Cover Planes, Ships Exposed to Ukraine Conflict: Sources December 19, 2022 Insurers may refuse to cover planes flying to Ukraine or ships sailing through the Black Sea as reinsurers – who...
UK MGA Pen Underwriting Launches Claims Hub Dedicated to Property, Liability December 19, 2022 Pen Underwriting has launched a new regional claims hub in Chelmsford dedicated to managing commercial property and liability claims, which...
German Authorities Recover Significant Part of Haul From 2019 Jewelry Heist December 19, 2022 German authorities said Saturday that they have recovered a significant part of the 18th-century treasures stolen from Dresden’s Green Vault...