ExxonMobil Exits Russia After Putin Expropriates Assets Valued at More Than $4 Billion October 18, 2022 By Sabrina Valle Exxon Mobil Corp. said on Monday that it left Russia completely after President Vladimir Putin expropriated its properties following seven...
Russia Oil Exporter Rosneft Moves Into Tanker Chartering as Western Sanctions Loom October 18, 2022 By Nidhi Verma Russia’s biggest oil exporter Rosneft has expanded its tanker chartering business to ease oil shipments for buyers amid looming Western...
Swiss Re Expects Claims From Hurricane Ian to Bring Q3 Loss October 18, 2022 Swiss Re forecast on Tuesday a third-quarter net loss of around $500 million after the reinsurance company absorbed preliminary claims...
People Moves: LSM Switzerland Promotes Hefel to Country Mgr; BHSI Names Bruce-Kahn as CE, Singapore; Howden CAP Hires Marsh’s van Kuffeler Chief Commercial Officer October 17, 2022 This edition of International People Moves details appointments at Liberty Specialty Markets (LSM), Berkshire Hathaway Specialty Insurance (BHSI) and Howden...
Exxon’s Russia Oil Output Collapsed After Rejection of Local Tanker Insurance: Sources October 17, 2022 Oil output at the giant Exxon-led Sakhalin-1 Russian Pacific project collapsed following the U.S. major’s refusal to accept local insurance...
Insurers Win Key Parts of Stonegate COVID-19 Business Interruption Case: MS Amlin October 17, 2022 By Carolyn Cohn and Kirstin Ridley Insurers have won key parts of a complex legal battle with British pubs group Stonegate, MS Amlin said after Monday’s...
Norway Police Arrest 2nd Russian for Flying Drones, Amid Heightened Security October 17, 2022 Norwegian police took into custody a 51-year-old Russian man on Friday after he was observed taking photos near Tromso airport,...
Climate Activists Appear in UK Court After Throwing Soup on Van Gogh Painting October 17, 2022 By Sylvia Hui Three climate activists appeared in a London court on Saturday on charges of criminal damage after protests including throwing soup...
AXIS to Stop Insuring Energy, Mining Without Backing of Indigenous Communities October 17, 2022 By Noor Zainab Hussain and Simon Jessop Reinsurer AXIS Capital said it would refuse to underwrite energy, mining and other projects that did not have the backing...
People Moves: NFP Hires Pelaez for Mgmt and Professional Liability in Canada; Miller Names AGCS’ Hooker as APAC Head of Energy; Liberty GTS Hires 3 for APAC Team October 14, 2022 This edition of International People Moves details appointments at NFP, Miller and Liberty Global Transaction Solutions A summary of these...