Aircraft Lessors Sue Insurers for $6.5 Billion Over Planes Trapped in Russia November 22, 2022 Aircraft leasing firms are suing dozens of insurers for around $6.5 billion in a string of lawsuits over the loss...
Explosive Residue Found at Site of Nord Stream Leaks, Confirming Sabotage: Sweden November 18, 2022 By Anna Ringstrom and Terje Solsvik Investigators have found traces of explosives at the site of the damaged Nord Stream gas pipelines, confirming sabotage had taken...
Turkey to Demand Oil Tankers Have Proof of Insurance, Adding Teeth to Russia Sanctions November 17, 2022 By Alex Longley, Ugur Yilmaz and Ercan Ersoy Turkey warned the world’s oil shippers they will need to prove they’re insured to cross the country’s vital straits, a...
Aircraft Lessor BOC Aviation Sues 16 Insurers Over Claims for Jets Stuck in Russia November 14, 2022 BOC Aviation Ltd. has begun legal action in pursuit of claims against 16 insurers over aircraft the lessor owns that...
Reuters: Russian Oil Cap Spurs Insurer Fears of Oil-Laden Ships Being Left at Sea November 11, 2022 Oil-laden tankers risk being left languishing at sea if insurers do not urgently get clarity on an unfinished G7 and...
UK to Cap Price of Russian Oil Using Insurance, Brokerage, Shipping Services Ban November 4, 2022 By Joe Mayes The UK government is to cap the price of Russian oil for any company in the world using the country’s...
Nord Stream 1 Operator Finds Craters at Damaged Pipeline Site November 3, 2022 The Swiss-based operator of Russia-led Nord Stream 1 gas pipeline said on Wednesday it had completed initial data gathering at...
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...
Dubai Aerospace Sues 11 Insurers, Including Lloyd’s, AIG, Chubb, for Jets Stuck in Russia October 28, 2022 By Kirstin Ridley and Carolyn Cohn Aircraft leasing firm Dubai Aerospace Enterprise (DAE) has filed a London lawsuit against 11 insurers, including Lloyd’s of London, AIG,...
Insurers Still Unclear How G-7 Sanctions on Russian Crude Oil Cargoes Will Work October 24, 2022 By Alex Longley Just six weeks before European Union sanctions on Russian oil come into effect, insurers are still unclear as to exactly...