Russia Oil Sanctions Fuel Boom for Old Tankers December 6, 2022 By Julia Payne and Jonathan Saul The market for old oil tankers is booming, and it’s all down to efforts by Western nations to curb trade...
Russian State-Owned Bank VTB Hit by Massive Distributed-Denial-of-Service Attack December 6, 2022 Russia’s No. 2 bank VTB was hit by the largest cyber attack in its history, it said on Tuesday, warning...
China’s Sunshine Insurance Leans Toward Pricing HK IPO at Bottom of Marketed Range December 6, 2022 By Pei Li and Filipe Pacheco Sunshine Insurance Group Co. is leaning toward pricing its Hong Kong initial public offering at the bottom of its marketed...
Turkey’s Proof-of-Insurance Rule Ensnares Russian Oil Shipments December 6, 2022 By Alex Longley Oil shipments from Russia and Kazakhstan are getting ensnared in a Turkish government rule to provide proof that tankers are...
Data on Natural Disaster Risks Crucial for Australia’s Climate Resilience December 5, 2022 By Harry Brumpton Public data on natural disaster risks for homeowners and businesses will be crucial for making Australia’s economy more resilient to...
MGA Pixel Re Launched for Global Property, Energy Risks of $500M and Above December 5, 2022 Connect Underwriting Ltd., a London-based specialist reinsurance managing general agent, announced the availability of new capacity via Pixel Re, a...
Many Ethnic Minorities in UK Financial Services Face Racism, Discrimination: Survey December 5, 2022 By Swetha Gopinath The UK may be more ethnically and racially diverse than ever, but minorities working in the financial services industry continue...
Ardonagh Advisory Acquires UK Broker The Professional Indemnity Co. December 5, 2022 Ardonagh Advisory Holdings Ltd, a subsidiary of The Ardonagh Group, announced it has acquired The Professional Broking Group Ltd., which...
Here’s What You Need to Know About Russia Oil Sanctions, Effective Dec. 5 December 5, 2022 By Alex Longley After months of planning and negotiations, the biggest tranche of sanctions on Russian oil to date take effect on Monday....
EU Agrees to $60 Price Cap for Russian Oil, Allowing Buyers to Access Insurance December 2, 2022 By Ewa Krukowska, Alberto Nardelli and Jorge Valero The European Union agreed to put a price cap on Russian oil at $60 a barrel, paving the way for...