Russia Finds New Route to Get Oil to Market Via Tiny Egyptian Port August 5, 2022 By Julian Lee Russia appears to have found a new means of getting its oil to market with western sanctions looming for Moscow....
Russian E-commerce Firm Ozon Assesses Damages After Massive Warehouse Fire August 5, 2022 MOSCOW – Russian e-commerce company Ozon said on Thursday it was still assessing the economic damage from a huge fire...
Japan Truck Manufacturer Hino Admits It Faked Emissions Data for 20 Years August 5, 2022 By Yuri Kageyama TOKYO (AP) – Hino Motors, a truck maker that’s part of the Toyota group, systematically falsified emissions data dating back...
Ukraine Wants Ship Safe Passage Deal Extended Beyond Grain to Other Cargoes August 5, 2022 By Yesim Dikmen and Pavel Polityuk Three grain ships left Ukrainian ports on Friday while the first inbound cargo vessel since Russia’s invasion was due in...
UK’s Solvency II Reforms Could Open Door to Share-Buyback Bonanza for Insurers August 5, 2022 By Alex Morales and William Shaw Insurers would potentially be able to use billions of pounds of expected gains from a relaxation of capital rules for...
UK Insurer Aviva Builds Private Client Business With Azur Acquisition August 4, 2022 UK Insurer Aviva has agreed to sign a binding agreement with the specialist managing general agent Azur Underwriting Ltd., to...
MGA Incubator NuVenture Launches Product Recall MGA BluNiche August 4, 2022 NuVenture International, which incubates and supports managing general agents (MGAs) in the UK insurance markets, has announced the launch of...
Cyber Attacks Plague Taiwan After Pelosi Visit Enrages Beijing August 4, 2022 By Sarah Wu and Eduardo Baptista As U.S. House of Representatives Speaker Nancy Pelosi made a brief visit to Taiwan this week that enraged Beijing, the...
China’s Military Drills Force Shippers to Reroute Vessels to Avoid Taiwan Danger Zones August 4, 2022 By Kevin Varley, Stephen Stapczynski, Ann Koh and Sharon Cho Shippers rerouted vessels as China began its most provocative military drills in decades around Taiwan, with at least one owner...
Global Insurtech Investment Down 50% in Q2: Gallagher Re August 4, 2022 Global investment in insurance technology firms totalled $2.41 billion in the second quarter, down 50% from a year earlier, as...