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...
Update: Lloyd’s Insurer Ascot Pauses Writing New Cover for Ukrainian Grain Shipments October 31, 2022 Lloyd’s of London insurer Ascot is suspending writing cover for new shipments using the Ukrainian grains corridor in the Black...
Grain Ships Sail From Ukraine Despite Moscow Exit From Deal; Insurance Cover Paused October 31, 2022 By Pavel Polityuk Ships brought grain from Ukrainian ports on Monday, suggesting Moscow had stopped short of reimposing a blockade that might have...
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,...
Climate Change at Top of Insurers’ Concerns, Followed by War-Related Risks October 24, 2022 By Alexandre Rajbhandari Climate change remains at the top of insurance companies’ biggest concerns even as Russia’s invasion of Ukraine stokes geopolitical and...
Russia Poised to Largely Circumvent G-7 Oil Price Cap, Insurance Restrictions October 21, 2022 By Noah Browning, Dmitry Zhdannikov and Jonathan Saul Russia can access enough tankers to ship most of its oil beyond the reach of a new G-7 price cap,...
EU’s Sanctions Against Russia Could Deprive Some of World’s Tanker Fleet of Insurance October 19, 2022 By Alberto Nardelli, Christopher Condon and Alaric Nightingale The European Union’s latest sanctions on Russian petroleum could end up depriving a swath of the world’s tanker fleet of...
ExxonMobil Exits Russia After Putin Expropriates Assets Valued at More Than $4 Billion October 18, 2022 By Sabrina Valle Exxon Mobil Corp. said on Monday that it left Russia completely after President Vladimir Putin expropriated its properties following seven...
Russia Oil Exporter Rosneft Moves Into Tanker Chartering as Western Sanctions Loom October 18, 2022 By Nidhi Verma Russia’s biggest oil exporter Rosneft has expanded its tanker chartering business to ease oil shipments for buyers amid looming Western...
Norway Police Arrest 2nd Russian for Flying Drones, Amid Heightened Security October 17, 2022 Norwegian police took into custody a 51-year-old Russian man on Friday after he was observed taking photos near Tromso airport,...