EU’s Sanctions Against Russia Could Deprive Some of World’s Tanker Fleet of Insurance October 19, 2022 By Alberto Nardelli, Christopher Condon and Alaric Nightingale The European Union’s latest sanctions on Russian petroleum could end up depriving a swath of the world’s tanker fleet of...
Update: Amazon Launches Home Insurance Comparison Website for UK Customers October 19, 2022 By Carolyn Cohn and Rhea Binoy Amazon.com Inc. is launching a home insurance portal in Britain and has signed up three big-name insurers as it pushes...
NFP Buys UK Broker Bentley Insurance Services October 18, 2022 NFP, the New York City-based property/casualty insurance broker and consultant, announced it has acquired Mason James Insurance Services Ltd. (doing...
AXA to Acquire Spanish P/C Insurer GACM España for €310M October 18, 2022 AXA announced that AXA Spain has entered into exclusive negotiations to acquire Groupe Assurances du Crédit Mutuel España (GACM España),...
UK Orders Poultry Farmers to Take Steps to Stop Spread of Bird Flu October 18, 2022 By Agnieszka de Sousa Britain has ordered farmers to enact measures to curb bird flu cases, as the virus spreads in other parts of...
China’s Sunshine Insurance to Seek HK Stock Exchange Nod for $1B IPO: Sources October 18, 2022 By Pei Li China’s Sunshine Insurance Group Co. is planning to seek Hong Kong stock exchange approval for its initial public offering as...
Australia Banks May Have to Rethink Mortgages in Areas Prone to Extreme Weather: NAB October 18, 2022 Australian banks may have to rethink whether they sell mortgages in areas prone to extreme weather events, the chief executive...
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...