Trader Mercuria Sues Baltic Exchange Over Hormuz Freight Losses, Court Filing Shows May 1, 2026 By Jonathan Saul Commodity trader Mercuria is suing the Baltic Exchange, the world’s top provider of benchmark shipping indices, over losses it said...
People Moves: Howden Re Expands Cyber Reinsurance Team With 5 New Hires; Zurich Promotes McBride to Newly Created Role as Head of International Construction May 1, 2026 This edition of International People Moves details appointments at Howden Re and Zurich Insurance Group. A summary of these new...
Markets/Coverages: Marsh Risk’s D&O Facility Offers Unlimited ‘Any One Claim’ Cover May 1, 2026 Marsh Risk, a business of insurance broker and risk advisor Marsh, announced that its Marsh Alpha directors and officers (D&O)...
Arch Insurance EU Launches Europe Property Operations, While Opening Milan Office May 1, 2026 Arch Insurance EU announced the launch of its European property operations, alongside the opening of a new office in Milan...
Iran War Is ‘Supercharging’ Clean Energy Transition, UN Climate Chief Says May 1, 2026 By Kate Abnett The Iran war is “supercharging” the world’s shift to renewable energy, as countries scramble to reduce their exposure to volatile...
Only Iran-Linked Traffic Moves Through Hormuz Amid Blockades May 1, 2026 By Prejula Prem and Julian Lee A few Iran-linked vessels are making their way through the Strait of Hormuz, as the crucial waterway remains effectively closed...
People Moves: Apollo Launches Int’l Casualty Reinsurance Business, Led by Berkley Re’s Mackenzie; The Fidelis Partnership Promotes Woods as Ireland CEO, With More Key Hires April 30, 2026 This edition of International People Moves details appointments at Apollo and The Fidelis Partnership. Apollo Launches Int’l Casualty Reinsurance Business,...
Lockton Secures Reinsurance License in Saudi Arabia, With Business Led by Al Rowais April 30, 2026 Insurance broker Lockton announced it has secured a reinsurance license in the Kingdom of Saudi Arabia, which marks the next...
Iran Threatens Painful Response if US Resumes Attacks, Oil Prices Seesaw April 30, 2026 By Humeyra Pamuk and Tala Ramadan Iran said on Thursday it would respond with “long and painful strikes” on U.S. positions if Washington renewed attacks and...
Nearly All of Europe Had Above-Average Heat Last Year, as Climate Records Toppled April 30, 2026 By Kate Abnett Almost all of Europe experienced above-average heat in 2025, a year that broke records for wildfires, sea temperatures and heatwaves...