Markets/Coverages: RSA Insurance Launches Superyacht Practice, Led by Chubb’s Grew May 2, 2023 RSA Insurance announced it is launching a Superyacht practice, providing comprehensive cover for the larger end of the market, which...
Burning Oil Tanker off Malaysia Rings Alarm Bells About Shadow Fleet May 2, 2023 By Ann Koh Three crew members are missing from a Gabon-registered tanker that caught fire on Monday in the South China Sea, a...
Scientists Probe Sudden Spike in Ocean Temperatures May 2, 2023 By Seth Borenstein The world’s oceans have suddenly spiked much hotter and well above record levels in the last few weeks, with scientists...
Credit Suisse Bondholders Who Lost $1.7B in UBS Deal File Lawsuits May 2, 2023 By Hugo Miller and Sabah Meddings Hundreds more Credit Suisse Group AG bondholders sued Switzerland’s banking regulator after their securities valued at about $1.7 billion were...
Oil Tanker Seized by Iran Had Indian Crew, Turkey-Based Operator Says May 1, 2023 By Verity Ratcliffe An oil tanker seized by Iran on Thursday was carrying Kuwaiti crude and had a crew of 24 Indians, according...
G-7 Nations Should Adopt ‘Risk-Based’ Regulation on Artificial Intelligence: Ministers May 1, 2023 By Kantaro Komiya Group of Seven advanced nations should adopt “risk-based” regulation on artificial intelligence, their digital ministers agreed on Sunday, as European...
Toyota-Subsidiary Daihatsu Rigged Safety Tests for 88,000 Cars May 1, 2023 Toyota Motor Corp. affiliate Daihatsu rigged part of the door in side-collision safety tests carried out for some 88,000 small...
Executive Bonuses in Crosshairs in New CO2 Proposal: ESG Regulation May 1, 2023 By Frances Schwartzkopff Executives will face bonus cuts if the companies they run fail to hit climate transition targets, under a new European...
Specialty Re/Insurer Canopius Has Management Shake-up With 3 Execs Exiting April 28, 2023 Canopius Group, the London-based global specialty re/insurer, has had a management shake-up, with three executives exiting the company. “Over the...
People Moves: Howden Appoints Marsh’s Howell for Multinational Client Practice; BMS Re Hires Soria as Head of New Business Solutions, Co-head of Casualty April 28, 2023 This edition of International People Moves details appointments at Howden and BMS Re. A summary of these new hires follows...