Ambani’s Jio in Talks With Allianz for Insurance JVs in India October 23, 2024 By Anto Antony and Stephan Kahl Jio Financial Services Ltd., controlled by billionaire Mukesh Ambani, has held talks with Allianz SE to set up an insurance...
Australia Sues Insurer QBE Over Pricing Discounts, Shares Slip October 23, 2024 Australia’s corporate regulator is taking QBE to court, alleging that the country’s biggest insurer by gross written premiums misled more...
Mining Dam Disaster Deal Should Curb Lawsuits Against Vale and BHP, Sources Say October 22, 2024 By Marta Nogueira, Lisandra Paraguassu and Ricardo Brito An agreement by Vale, BHP and their joint venture Samarco to pay 170 billion reais ($29.85 billion) in compensation for...
The Secretive World of Russian Oil Tanker Insurance Revealed October 22, 2024 By Alex Longley One of the energy market’s open questions since Russia’s invasion of Ukraine has been who’s insuring the tankers moving Moscow’s...
US Watching Dark Fleet Ship-to-Ship Oil Transfers in Asia Waters October 22, 2024 By Weilun Soon The US is paying close attention to the “dark fleet” of tankers carrying restricted oil and doing ship-to-ship transfers in...
Allianz Mulls Ending Decades-Old Bajaj Insurance India JVs October 22, 2024 By Anto Antony and Stephan Kahl Allianz SE is in talks to scrap two Indian joint ventures with Bajaj Finserv Ltd., in a dispute over the...
‘G-Shock’ Watchmaker Casio Delays Earnings Release Due to Ransomware Attack October 22, 2024 Japanese watchmaker Casio Computer said on Tuesday it will delay the release of its second-quarter earnings due to the impact...
Another Satellite Breakup Adds to Rising Problem of Space Junk October 22, 2024 A large communications satellite has broken up in orbit, affecting users in Europe, Central Africa, the Middle East, Asia and...
Natural Disasters Cost China $13 Billion in January-June October 22, 2024 By Liz Lee Natural disasters such as flooding, drought and extreme temperatures cost China 93.16 billion yuan ($12.83 billion) in the first half...
Starr Insurance Receives License to Sell Commercial Insurance Across South Korea October 22, 2024 Starr Insurance reported that South Korea’s Financial Services Commission has granted Starr International Insurance (Singapore) Pte. Ltd., Korea branch, a...