Gas Producer Santos Faces New Climate Claim in Landmark Greenwashing Case August 25, 2022 By Matthew Burgess Activists mounting one of the world’s first legal challenges over corporate greenwashing have expanded a case against gas producer Santos...
Indian Ocean Off Coast of Somalia to Lose ‘High-Risk Area’ Designation as Piracy Drops August 25, 2022 By Mohamed Sheikh Nor and Simon Marks The global shipping industry agreed to declassify the Indian Ocean coastline off Somalia as a “high-risk area” following years of...
Russian Coal Exports Effectively Halted by EU Ban, With Re/Insurance as Key Factor August 25, 2022 By Bloomberg News Russian coal exports were effectively halted by a European Union ban on entities within the 27-nation bloc servicing shipments of...
Rising Premiums, Low Catastrophe Losses Boost U.S., Bermuda Reinsurers’ H1 Profits August 24, 2022 U.S. and Bermuda reinsurers reported strong operating performance for the first six months of 2022, supported by continued pricing increases...
Aston Lark Acquires UK Broker AJ Insurance Service August 24, 2022 Aston Lark, a Howden company, announced the acquisition of AJ Insurance Service Ltd. Financial details of the deal were not...
Cocktail of Chemicals Contributed to Massive Fish Die-off on Oder River: German Official August 24, 2022 By Frank Jordans Several substances seem to have contributed to the massive fish die-off in the Oder River that forms much of Germany’s...
Ukraine Grain Corridors Need More Ships, Affordable Insurance to Accelerate Exports August 24, 2022 By Áine Quinn, Ann Koh and Vivian Iroanya Ukraine’s first shipments of grain since being invaded by Russia are a harbinger of relief for squeezed global markets, but...
Worst Drought in Decades Threatens China’s Economic Recovery August 24, 2022 By Bloomberg News Wan Jinjun, a 62-year-old retiree who has swum the Yangtze River almost every day for the past decade in Wuhan,...
Tropical Storm Ma-on Takes Aim at Hong Kong, Guangdong Province August 24, 2022 Several cities in southern China raised their cyclone warning signals on Wednesday, bracing for Tropical Storm Ma-on, which is expected...
Fox Corp. CEO Lachlan Murdoch Sues Australian News Site for Defamation August 24, 2022 By Byron Kaye and Jack Queen Fox Corp. CEO Lachlan Murdoch has filed a defamation lawsuit against an Australian news site over an opinion piece he...