Exxon Mobil Declares Force Majeure on Its Russian Sakhalin-1 Operations April 28, 2022 Exxon Mobil Corp. said on Wednesday its Russian unit Exxon Neftegas Ltd. has declared force majeure for its Sakhalin-1 operations...
Britain Proposes Post-Brexit Relaxation of Solvency II Capital Rules for Insurers April 28, 2022 By Huw Jones Britain launched public consultation on Thursday for a post-Brexit relaxation of capital rules for insurers, in a step the government...
‘SLAPP’ Lawsuits Used by Rich and Powerful to Silence Critics Face EU Crackdown April 27, 2022 By Stephanie Bodoni Wealthy individuals including Russian oligarchs, states and corporations that abuse the legal system to gag journalists and dodge oversight face...
People Moves: Miller Taps RKH’s Malin, Marsh’s Gil Ramirez for Renewables Team; Chubb’s Haquette to Lead HDI Global’s France Branch Office April 27, 2022 This edition of International People Moves details appointments at the London-based broker Miller and the insurer HDI Global in France....
Generali’s Shareholders to Decide CEO Donnet’s Fate at Friday’s AGM April 27, 2022 By Gianluca Semeraro and Valentina Za Generali’s shareholders will decide the future of the Italian insurer’s CEO Philippe Donnet in a vote on Friday, after a...
India Slashes Size of Mega Insurer’s IPO With Issue Opening Next Week April 27, 2022 By Ruchi Bhatia, Siddhartha Singh and Suvashree Ghosh India slashed the size of its biggest initial public offering by about 60%, pressing ahead with the sale even as...
Climate Change Could Put 4% of Global GDP at Risk by 2050: S&P Study April 27, 2022 By Marc Jones Climate change could see 4% of global annual economic output lost by 2050 and hit many poorer parts of the...
Qatar Airways Suffers UK Court Setback in Feud With Airbus April 27, 2022 By Tim Hepher LONDON – A British judge on Tuesday denied a bid by Qatar Airways to reinstate a jet contract canceled by...
People Moves: Lockton Restructures Int’l Leadership; MGA Arcadian Promotes Barna for Transactional Liability; McGill and Partners Hires DARAG’s Hill for Structured Solutions April 26, 2022 This edition of International People Moves details appointments at brokers Lockton and McGill and Partners as well as the Bermuda...
London Market Continues to Benefit From Rising Rates and Other Tailwinds: AM Best April 26, 2022 Upward premium rate momentum is expected to continue support underlying performance for the London market, despite mounting challenges connected to...