Zimbabwe to Get Over Half of $60 Million Payout for El Niño-Hit African Nations May 20, 2024 By Ray Ndlovu Zimbabwe will get over half of an expected $60 million insurance pay out meant for four African nations as it...
China-Bound Oil Tanker Hit by Houthi Missile in Red Sea, US Says May 20, 2024 By Eamon Akil Farhat A China-bound oil tanker in the Red Sea was struck and temporarily disabled by a ballistic anti-ship missile fired by...
Nearly All Sanctioned Russian Oil Tankers Remain Idle and Empty Months After Sanctions May 20, 2024 By Julian Lee Dozens of tankers remain stuck doing nothing months after being sanctioned by the Treasury Department — a signal of the...
People Moves: AXA XL Promotes Riha as Chief Client & Distribution Officer, APAC/Europe May 17, 2024 AXA XL Promotes Riha as Chief Client & Distribution Officer, APAC & Europe AXA XL announced that Robert Riha has...
Markets/Coverages: Aon Offers Carbon Capture, Storage Insurance for Energy Transition May 17, 2024 Insurance broker Aon plc has developed a new insurance product designed for international transport and storage companies that are engaged...
Ardonagh Group’s MDS Brazil to Acquire Brazilian Broker D’Or Consultoria May 17, 2024 MDS Brazil, a subsidiary of Ardonagh-owned MDS Group and one of the country’s major brokers, announced it intends to acquire...
Volkswagen Reaches $54 Million ‘Dieselgate’ Settlement With Italian Owners May 17, 2024 Volkswagen and a group representing car owners in Italy have reached an agreement worth more than 50 million euros ($54...
Wildfires Could Affect Over Half of Canada’s Oil Sands Output: Report May 17, 2024 More than half of the oil sands production from Canada could be impacted if the wildfires in Alberta and British...
Firefighters Gain Control of One Blaze Threatening Oil Sands in Alberta May 17, 2024 By Robert Tuttle Firefighters gained control of one wildfire near the main oil-sands region of Alberta on Wednesday, but continued to battle a...
Swiss Re Names Gonzalez CEO of Corporate Solutions, Ojeisekhoba to Step Down May 16, 2024 Swiss Re announced that Ivan Gonzalez, CEO Reinsurance China, has been appointed CEO of Corporate Solutions, succeeding Andreas Berger, who...