Markets/Coverages: Aon Offers Carbon Capture, Storage Insurance for Energy Transition May 17, 2024 Insurance broker Aon plc has developed a new insurance product designed for international transport and storage companies that are engaged...
Amboss Underwriting Assumes Oilfield Insurance Agencies’ Downstream Portfolio April 29, 2024 Zurich-based Lloyd’s coverholder Amboss Underwriting has assumed the portfolio of the Zurich branch of Oilfield Insurances Agencies. Effective April 17,...
Nord Stream Insurers Deny Policies Covered War Risks in UK Lawsuit April 18, 2024 Nord Stream’s insurers have denied that their policies provide cover for gas pipelines damaged by blasts in 2022 because the...
European States Sign Pledge to Protect North Sea Infrastructure April 9, 2024 By Sudip Kar-Gupta Britain and other major European countries with maritime borders on the North Sea on Tuesday signed an agreement to work...
Nord Stream Sues Insurers in London Over 2022 Pipeline Blasts March 12, 2024 Nord Stream is seeking more than 400 million euros ($436 million) from its insurers over explosions in 2022 which ruptured...
Tesla Arson Case Shows Need to Protect Power Grid, Says German Utility Westenergie March 12, 2024 By Tom Käckenhoff German policymakers should team up with power grid operators to improve the response to incidents such as the arson attack...
German Industry Sounds Alarm on Infrastructure Security After Tesla Attack March 6, 2024 By Christian Kraemer and Christoph Steitz German industry called for better protection of critical infrastructure on Wednesday after a suspected arson attack by leftist activists on...
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...