MGA Rokstone Launches Parametric Insurance Product for Caribbean June 21, 2022 Aura Underwriting, part of Rokstone, the Aventum Group’s global specialty re/insurance MGA, has announced the launch of Aura Parametric, a...
Flooding Inundates More of Bangladesh and India, Stranding Nearly 10M People June 21, 2022 By Ruma Paul and Zarir Hussain DHAKA/GUWAHATI, India – Floodwaters inundated more of Bangladesh and northeast India on Tuesday, officials said, as authorities struggled to reach...
‘Stay Tuned’ for Word on Russian Oil Price-Cap Plan, Says Yellen June 21, 2022 By Christopher Condon and Danielle Bochove Treasury Secretary Janet Yellen said talks are continuing on how the US and its allies might cap the price of...
Top EU Court Says Insurer Must Pay Spanish Claim in Galicia Oil Spill June 21, 2022 By Foo Yun Chee BRUSSELS – Spain on Monday won backing from Europe’s top court in its mutli-million euros damage claim against The London...
Floods in India, Bangladesh Leave Millions Homeless June 20, 2022 By Julhas Alam and Wasbir Hussain DHAKA, Bangladesh (AP) – Army troops were called in to rescue thousands of people stranded by massive floods that have...
Canadian Oil Brokerage Denies ‘Toxic’ Workplace Claim, Files Countersuit June 20, 2022 By Geoffrey Morgan, Robert Tuttle and Sheela Tobben Oil brokerage NE2 Group is hitting back at allegations that Chief Executive Officer Tim Gunn created a toxic workplace, filing...
Japan’s Government Not Liable for Damages From Fukushima Nuclear Disaster: Court June 20, 2022 Japan’s government is not liable for damages demanded by people whose lives were devastated by the Fukushima nuclear disaster, the...
VW Faces Scrutiny Over China Human Rights Violations With Insurance Implications June 20, 2022 By Monica Raymunt and Michael Nienaber Volkswagen AG faces mounting pressure to address allegations of human rights violations in the Chinese province of Xinjiang, where the...
Credit Suisse Rejects $515 Million Claim by Russian Businessman June 20, 2022 Credit Suisse on Sunday rejected a claim by Russian businessman Vitaly Malkin for 500 million francs ($515.62 million) he linked...
Sovcomflot’s Cargo Ships Fully Covered by Russian Insurers: CEO June 20, 2022 Russia’s state-run Sovcomflot has insured all its cargo ships with Russian insurers and the cover meets international rules, the chief...