India Tunnel Collapse Shows Risk of Construction in Fragile Himalayas November 20, 2023 By Lou Del Bello For nearly a week, 40 workers have been trapped in an under-construction tunnel after a landslide demolished its entrance, derailing...
Australian Telco Optus’ CEO Quits After Massive Network Outage and Cyber Attack November 20, 2023 By Lewis Jackson The head of Australia’s second-largest telco Optus resigned on Monday, cutting short a more than three-year tenure marred by a...
People Moves: Howden Taps Marsh’s Bayon de La Tour as International Head of Cyber; Argenta Promotes Davidson to Lead New Energy Transition Offering November 17, 2023 This edition of International People Moves details appointments at Howden and Argenta Syndicate Management. A summary of these new hires...
Fairfax Offers to Take Agritech Firm Farmers Edge Private at 99% Below IPO Price November 17, 2023 By Derek Decloet Canadian financial group Fairfax Financial Holdings Ltd. offered to buy out minority shareholders of agriculture technology firm Farmers Edge Inc....
Markets/Coverages: Arch Insurance Int’l Launches Intangible Assets Team for IP Risks November 17, 2023 Arch Insurance International has launched an intangible assets team, which joins from Aon following an agreement to acquire certain assets...
EU Proposes to Ban Sale of Tankers to Russia to Curb Growth of Shadow Fleet November 17, 2023 The European Commission is proposing to ban the sale of tankers for crude oil and petroleum products to Russia to...
NBJ London Markets Rebranded as ‘Verlingue London Markets’, Senior Execs Hired November 17, 2023 Verlingue has launched Verlingue London Markets following the rebranding of specialist Lloyd’s and London market wholesale broker NBJ London Markets....
Tankers, Newly Sanctioned by US, Supplied Russian Oil to India November 17, 2023 By Florence Tan, Muyu Xu and Nidhi Verma Three oil tankers, newly sanctioned by Washington, regularly shipped Sokol crude from Russia’s Far East to Indian Oil Corp, the...
Generali Keeps 2024 Goal as Profits Rise 30% Despite Disaster Claims November 17, 2023 By Gianluca Semeraro Italy’s top insurer Generali stuck to 2024 targets on Thursday after posting a 29.6% rise in nine-month adjusted net profit...
US Sanctions Maritime Companies, Vessels for Shipping Oil Above Russian Price Cap November 17, 2023 By Daphne Psaledakis and Laura Sanicola The U.S. on Thursday imposed sanctions on maritime companies and vessels for shipping Russian oil sold above the G7’s price...