Markets/Coverages: AXA XL Launches Carbon Emissions Product for Marine Clients July 20, 2023 AXA XL in the UK has launched its Excess Emissions Insurance product helping marine clients to manage their environmental footprint...
AIG, AXA Weighing Sales of UK Businesses: Sources July 20, 2023 By Jan-Henrik Förster and Sonia Sirletti Two of the world’s largest insurers are weighing the sale of businesses in the United Kingdom, according to people familiar...
UN Could Start Removing Oil This Week From Decaying Yemen Tanker July 20, 2023 By Michelle Nichols An operation to start removing some 1.1 million barrels of oil from a decaying tanker moored off Yemen’s coast could...
Ukraine Setting Up Temporary Shipping Route After Russia Grain Deal Exit: Official Letter July 20, 2023 By Jonathan Saul Ukraine is setting up a temporary shipping route to maintain grain shipments after Russia quit a deal allowing Ukrainian exports...
Russia Issues Warning to Any Ships Traveling to Ukraine’s Black Sea Ports July 20, 2023 Russia warned that from Thursday any ships traveling to Ukraine’s Black Sea ports will be seen as possibly carrying military...
European Heat Wave Sees Temperatures Reaching 115F in Sardinia as Greece Burns July 19, 2023 By Eamon Akil Farhat and Sotiris Nikas Europe baked in intense heat, with temperatures reaching almost 46C (115F) on the Italian island of Sardinia on Wednesday, as...
Bain Capital Raises $1.15B for Its First Fund Dedicated to Insurance Investments July 19, 2023 By David French Bain Capital has raised $1.15 billion for its first fund dedicated to investing in the insurance industry, as the private...
Digital Asset Insurer Evertas Acquires Bitsure, Crypto Mining Insurance Specialist July 19, 2023 Evertas, the Chicago-based dedicated crypto insurance company, announced the acquisition of Bitsure, the world’s first insurer dedicated to coverage for...
Ukraine Plea to Keep Grain Moving Clashes With Reality Facing Insurers, Shippers July 19, 2023 By Áine Quinn and Selcan Hacaoglu Ukraine is pushing for grain exports to continue from key ports following Russia’s withdrawal from the Black Sea grain deal....
Australia’s Fortescue Hit by Cyber Attack That Disclosed Some Network Data July 19, 2023 By Jason Scott Fortescue Metals Group Ltd. said it had been subject to a cyber attack that resulted in “the disclosure of a...