Russia’s Sakhalin 1 Oil Operations Disrupted by Western Sanctions on Insurance: ONGC June 14, 2022 By Nidhi Verma and Aftab Ahmed Operations at Russia’s Sakhalin 1 oil project will continue to face disruptions for “a couple of months” as Western sanctions...
India’s LIC Loses $17 Billion in Market Value After IPO June 14, 2022 By John Cheng and Ashutosh Joshi An eye-popping $17 billion wipeout in market value has made Life Insurance Corp. of India one of the biggest wealth...
ESG Fund Bosses Hit by ‘Reckoning’ as Goldman, DWS in Crosshairs June 13, 2022 By Frances Schwartzkopff One of the top legal firms advising asset managers on ESG says the industry needs to brace for a more...
UK Pubs Group Sues Zurich, Liberty Mutual, MS Amlin for $1.2B Over COVID BI Losses June 13, 2022 By Kirstin Ridley and Carolyn Cohn Britain’s biggest pubs group Stonegate, which is suing Zurich Insurance and two peers for 1 billion pounds ($1.2 billion) over...
WTW Enhances Climate Diagnostic Tool to Assist Climate-Related Reporting June 13, 2022 Insurance broker WTW has enhanced the capability of its Climate Diagnostic tool, which was first launched in April 2021. In...
People Moves: SiriusPoint Names Heerasing UK Country Branch Mgr; Re/Insurer IQUW Offers Crisis Mgmt Product With Team Led by Talbot’s Atkinson June 13, 2022 This edition of International People Moves details appointments at Bermuda-based re/insurer SiriusPoint and London headquartered re/insurer IQUW. A summary of...
City of London Workers Still Haven’t Returned to Offices at Pre-Omicron Levels June 13, 2022 By Neil Callanan City of London workers are yet to return to the financial heartland in numbers seen before the spread of the...
Net-Zero Emissions Pledges by Big Global Companies Have ‘Credibility Gaps’: Report June 13, 2022 By Gloria Dickie and Simon Jessop Corporate plans to slash greenhouse gas emissions fall short of what is needed to combat climate change, with “major credibility...
Black Sea Mine Removal Needed Before Ukraine Grain Can Be Shipped, Insurers Return June 13, 2022 By Jonathan Saul As the United Nations tries to broker a path for grain from Ukraine and temper worries about a global food...
France Narrows Gap on UK Financial Services Sector for Foreign Direct Investments June 13, 2022 By Aisha S Gani France’s financial sector is now the most popular destination in Europe for U.S. backers, helping the country narrow the gap...