Markets/Coverages: McGill, TMK and Convex Launch Trade Disruption Facility November 26, 2024 McGill and Partners, the London-based global specialty insurance and reinsurance broker, has launched a new trade disruption insurance facility in...
EU Proposes to Sanction Chinese Firms Aiding Russia’s War November 26, 2024 By Alberto Nardelli The European Union is proposing to sanction several Chinese firms that it claims helped Russian companies develop attack drones that...
DHL Cargo Plane Crashes Near Vilnius Airport, Killing One November 26, 2024 By Milda Seputyte A DHL cargo plane flying from Germany to Lithuania crashed close to Vilnius Airport, killing a crew member and injuring...
UK Employers Warn Tax Rise Will Hit Investment and Pay November 25, 2024 By David Milliken British employers have been caught off guard by a 25 billion-pound ($31 billion) tax rise at last month’s budget and...
Secret Russian Oil Switching Gets New Greek Hotspot After Drills November 25, 2024 The secret switching of Russian fuel cargoes between tankers at sea has migrated to new hotspots off the coast of...
Storm Bert Brings Flooding and Disruption to UK and France November 25, 2024 By Eva Brendel and Nayla Razzouk Storm Bert left a trail of disruption across the UK, with hundreds of flood warnings in place for Wales and...
Generali and Natixis in Early Talks for Asset Management Tie-Up, Source Says November 25, 2024 France’s Natixis Investment Managers is holding early-stage talks with Italian insurer Generali GASI.MIabout a potential tie-up, a person with knowledge...
UK Expands Sanctions Against Russian Oil Fleet and Its Insurers November 25, 2024 By Bloomberg News The UK government expanded its sanctions against Russia’s energy industry on Monday, blacklisting dozens of tankers responsible for moving the...
Contentious COP29 Deal Shows Climate Cooperation Fraying at Edges November 25, 2024 By Valerie Volcovici, Richard Valdmanis and Karin Strohecker When COP29 President Mukhtar Babayev stepped to the podium at the closing meeting of the Baku climate summit on Sunday...
Markets/Coverages: MGA Aqueous Secures Capacity Deal With Allied World and Sompo November 22, 2024 Aqueous Underwriting, the London-based MGA, has secured major new capacity in a three-year deal with A+ rated insurers Allied World...