Treasury Asked Why US P&I Club Insures Ships Carrying Iran Oil March 18, 2024 By Zachary R. Mider and Zeke Faux A Republican congressman is asking the Treasury Department to explain its handling of a US insurance company that covered dozens...
Pressure Builds for Charge on Global Shipping Sector’s CO2 Emissions March 18, 2024 By Kate Abnett The European Union, Canada, Japan and climate-vulnerable Pacific Island states are among 47 countries rallying support for a charge on...
Uber Pays Australian Taxi Drivers $178 Million in Settlement March 18, 2024 By Angus Whitley Uber agreed to pay A$271.8 million ($178 million) to compensate thousands of taxi drivers in Australia who claimed they lost...
Lockton Partners With Food Science Specialist to Mitigate Risk in Food & Drink Sector March 15, 2024 Insurance broker Lockton announced a collaboration initiative with the food science company Campden BRI, a leading food science company, to...
Hamilton Insurance Group Sponsors Catastrophe Bond Easton Re March 15, 2024 Hamilton Insurance Group Ltd., the Bermuda-based re/insurer, announced the sponsorship of a new catastrophe bond through the issuance of Series...
EU Backs Supply Chain Audit Law After Italy Switches Sides March 15, 2024 By Philip Blenkinsop European Union governments backed a proposed law requiring large companies in the bloc to check if their supply chains use...
Pilot-Seat Blunder Led to Latam Mid-Air Plunge: WSJ Report March 15, 2024 By Angus Whitley A mishap with a cockpit seat may have thrust the pilot into the controls of a Boeing Co. 787 plane...
In Ukraine’s Bombarded Ports, Ship Buyers Scout for Deals March 15, 2024 By Jonathan Saul and Carolyn Cohn Since Russia invaded Ukraine two years ago, nearly 50 merchant ships have been languishing in its waters, stuck in ports...
China Probes Exposure of HK Units of Banks, Insurers to Local Gov’t Debt: Sources Say March 15, 2024 By Selena Li and Summer Zhen China’s financial sector regulator is looking into the exposure of the Hong Kong units of domestic banks and insurers to...
BNP Paribas Considers Buying Fosun’s Ageas Stake March 15, 2024 By Jan-Henrik Förster, Alexandre Rajbhandari, Manuel Baigorri and Pamela Barbaglia BNP Paribas SA is considering a potential acquisition of Fosun International Ltd.’s stake in Belgian insurer Ageas, according to people...