AXIS Capital’s Syndicate 2050 Gets Full Lloyd’s Approval to Begin Underwriting March 5, 2024 AXIS Capital Holdings announced it has received full approval from Lloyd’s to begin underwriting from April 1, 2024. AXIS first...
Damaged Subsea Cable in Red Sea Highlights Telecom Vulnerability February 27, 2024 By Olivia Solon A subsea cable off the coast of Yemen that connects Europe to India has been damaged, and the telecommunications carrier...
AXIS Gets In-Principle Approval to Launch Energy Resilience Syndicate at Lloyd’s December 14, 2023 AXIS Capital Holdings Ltd. announced it has received in-principle approval from Lloyd’s to launch a syndicate that will focus on...
Three Baltic Pipe and Cable Incidents ‘Are Related’: Estonia October 27, 2023 By Andrius Sytas and Anne Kauranen The three incidents that resulted in damage to a gas pipeline and two telecom cables between Estonia, Finland and Sweden...
Probe of Damaged Baltic Sea Pipeline, Telecoms Cable Focuses on Chinese-Owned Ship October 26, 2023 By Andrius Sytas Estonia’s investigation into a damaged Baltic Sea telecoms cable will focus on the actions of a Chinese-owned vessel, the country’s...
Baltic States Beef Up Infrastructure Defense After Suspected Pipeline Sabotage October 13, 2023 By Lars Paulsson, Milda Seputyte and Leo Laikola Power grid operators around the Baltic Sea are beefing up protection of subsea cables and other critical infrastructure after the...
Finland Says Damage to Gas Pipeline, Telecoms Cable Likely Result of Deliberate Act October 11, 2023 By Anne Kauranen and Terje Solsvik A subsea gas pipeline and a telecommunications cable connecting Finland and Estonia under the Baltic Sea have been damaged in...
Wind Power Industry Hit by Perfect Storm of Supply Chain Delays, Design Flaws, Costs September 28, 2023 By Nina Chestney A perfect storm of supply chain delays, design flaws and higher costs in the offshore wind industry has put dozens...
Australia’s New Hope to Ramp Up Coal Output, Sees Modest Insurance Premium Hikes September 19, 2023 By Melanie Burton and Navya Mittal Australian miner New Hope Group’sCEO Rob Bishop said on Tuesday plans are progressing to double output over the next three...
Extreme Heat Threatens Global Fuel Security September 12, 2023 By Serene Cheong, Sharon Cho and Yongchang Chin Searing temperatures from Texas to Tokyo over the summer are the latest reminder of a growing headache for the energy...