EU Sanctions Aim to Make Banks Report Frozen Russia Assets; Russia Reinsurer on List February 16, 2023 By Alberto Nardelli The European Union is poised to force banks to report information on Russian Central Bank assets as part of the...
New Zealand Searches for Missing After Cyclone; Sizable Economic Cost Expected February 16, 2023 By Tracy Withers New Zealand is still searching for people missing in the aftermath of Cyclone Gabrielle amid fears the death toll will...
RiverStone Completes Reinsurance-to-Close with MS Amlin, Largest in Lloyd’s History February 15, 2023 RiverStone International, a leading acquirer and reinsurer of legacy and discontinued insurance business, has completed an agreement with MS Amlin...
Caribbean Risk Group Launches in London, Partners With Lloyd’s Broker Ramon Int’l February 15, 2023 Caribbean Risk Group LLC. (CRG), the U.S. Virgin Islands-based insurance agency, announced the launch of its London operations, CRG International...
Markets/Coverages: Brit Renews and Expands Flagship Cyber Consortium February 15, 2023 Brit Ltd. announced the renewal and planned expansion of its leading cyber consortium, Brit Cyber Attack Plus (BCAP), a cyber...
AXIS Capital Commits to Greenhouse Gas Reduction Goals February 15, 2023 AXIS Capital Holdings Ltd. announced its commitment to a 50% absolute reduction of Scope 1 and 2 greenhouse gas (GHG)...
German Court Dismisses Greenpeace-Led Climate Case Against VW; Plaintiffs to Appeal February 15, 2023 A regional court in Germany has dismissed a case led by Greenpeace against Volkswagen calling on the carmaker to tighten...
Cyclone’s Destructive Path Through New Zealand, Killing at Least Four People February 15, 2023 By Tracy Withers Four people are dead and there are concerns for others who are missing on New Zealand’s North Island as emergency...
Scandinavian Airline SAS Hit by Cyber Attack, Affecting App February 15, 2023 By Marie Mannes Scandinavian airline SAS said it was hit by a cyber attack Tuesday evening and urged customers to refrain from using...
Markets/Coverages: Apollo Launches Drone Insurance Facility in Partnership With MGA Moonrock February 14, 2023 Apollo, the London-based independent specialist insurer and reinsurer, is providing capacity to Moonrock Drone Insurance, designed to provide coverage for...