Carlyle Aviation Sues Insurers Over Seized Planes Leased to Russian Airlines November 1, 2022 By Joe Schneider Carlyle Aviation Partners said it sued a group of insurance companies and re-insurers claiming they failed to pay for losses...
Update: Lloyd’s Insurer Ascot Pauses Writing New Cover for Ukrainian Grain Shipments October 31, 2022 Lloyd’s of London insurer Ascot is suspending writing cover for new shipments using the Ukrainian grains corridor in the Black...
Grain Ships Sail From Ukraine Despite Moscow Exit From Deal; Insurance Cover Paused October 31, 2022 By Pavel Polityuk Ships brought grain from Ukrainian ports on Monday, suggesting Moscow had stopped short of reimposing a blockade that might have...
Financial Services Executives Toast City of London’s Prospects Under PM Sunak October 31, 2022 By Katherine Griffiths and Joe Mayes When senior figures from the City of London gathered for a dinner in July at the historic Mansion House, they...
Insured Losses for Australia’s October 2021 Storms Estimated at A$972M: PERILS October 31, 2022 Insured losses for the severe storms, which hit Southern Australia on Oct. 28-30, 2021, are estimated at A$972 million (US$623.1...
Wilson Steps Down as Brit CEO for Ongoing Health Issues, Succeeded by Thompson October 31, 2022 Brit Ltd., the London-based specialty insurer and reinsurer, announced that Matthew Wilson will be stepping down from his role as...
Philippines’ Death Toll From Storm Nalgae Rises to 98 October 31, 2022 By Ditas Lopez The Philippines said 98 people died from flooding and landslides triggered by storm Nalgae, which hit the country over the...
South Korea Begins Investigation Into Deadly Halloween Crush, as Death Toll Rises October 31, 2022 By Soo-hyang Choi and Ju-min Park South Korean investigators combed footage on Monday from more than 50 state and private closed-circuit TV cameras as well as...
Europe’s Biggest Copper Smelter Hit as Part of Wider Cyberattack on Metals Industry October 31, 2022 Aurubis, Europe’s biggest copper smelter, said on Friday it had been targeted as part of a wider cyberattack on the...
Australia’s Hacking Frenzy Spurred by Understaffed Cybersecurity Workforce October 31, 2022 By Byron Kaye and Lewis Jackson A swathe of hacks on some of Australia’s biggest companies has made the country a target for copycat attacks just...