Climate Change Made Deadly Floods in Libya and Greece More Extreme September 21, 2023 By Laura Millan The low-pressure weather system that unleashed unprecedented amounts of rain across the eastern Mediterranean last week was made more likely...
UK Firm Sold Thousands of Unverified Jet Engine Parts, CFM Says September 21, 2023 By Sam Tobin and Tim Hepher Jet engine maker CFM International said on Wednesday thousands of engine components may have been sold with forged paperwork by...
UK Watchdog Sets 3-Month Deadline to Improve Car Insurance September 21, 2023 By Huw Jones Britain’s financial watchdog has told motor insurers they have three months to improve the value they give customers in products...
Viewpoint: A New Risk Landscape Emerges for Global Maritime Industry September 21, 2023 By Dorothea Ioannou Executive Summary: The International Group of P&I Clubs offers a unique lens into the intricate web of maritime risk that...
Lloyd’s and the UN Team Up to Provide Insurance to Climate Vulnerable Countries September 21, 2023 Lloyd’s of London is teaming up with the United Nations Capital Development Fund (UNCDF) to try and improve access to...
Markets/Coverages: Specialty MGA Nirvana Launches European W&I Binder September 20, 2023 Nirvana, the London-based media, tech and cyber managing general agent (MGA), has launched its new European SME Warranty and Indemnity...
‘Talking Shops’ and Too Little Action Hamper City of London Reboot: Analysis September 20, 2023 By Huw Jones and Sinead Cruise When London’s Lord Mayor called recently for the creation of a new council to lead reform of Britain’s flagging financial...
Virgin Australia Finds Second Bogus Jet Part With Fake Certificate September 20, 2023 By Angus Whitley Virgin Australia Airlines Pty found a second suspected unapproved plane part from obscure UK supplier AOG Technics Ltd., as the...
Google Launches Last-Ditch Effort to Overturn $2.6B EU Antitrust Fine September 20, 2023 By Foo Yun Chee Alphabet’s Google on Tuesday made a last-ditch effort at Europe’s top court to overturn a 2.42 billion euro ($2.6 billion)...
Credit Suisse Unit Ordered to Pay Georgian Tycoon Ivanishvili $743 Million September 20, 2023 By Hugo Miller A Credit Suisse unit has been ordered to pay billionaire Bidzina Ivanishvili reduced damages of $742.7 million by a Singapore...