Markets/Coverages: McGill, TMK and Convex Launch Trade Disruption Facility November 26, 2024 McGill and Partners, the London-based global specialty insurance and reinsurance broker, has launched a new trade disruption insurance facility in...
Exploding Pagers in Lebanon Spur Theories on Sabotage Method September 19, 2024 By Jamie Tarabay From the moment pagers began exploding across Lebanon Tuesday, theories began to circulate on how devices considered outmoded in much...
Markets/Coverages: Marsh Launches $50 Million Port Blockage Insurance Facility August 20, 2024 Marsh, the insurance broker and Marsh McLennan subsidiary, announced the launch of a first of its kind $50 million port...
What Caused Closure of Toyota’s 14 Assembly Plants in Japan? August 30, 2023 Toyota Motor was ramping back production at its Japan-based factories on Wednesday after a computer system processing orders for vehicle...
Toyota’s Japan Production at Standstill as System Failure Hits All 14 Assembly Plants August 29, 2023 By Satoshi Sugiyama Toyota Motor Corp. on Tuesday said it has suspended operations at all 14 of its assembly plants in Japan due...
Markets/Coverages: Insurtech Parsyl Launches $20M Lloyd’s Consortium for Perishable Cargo April 5, 2023 Parsyl, the Denver-based insurer of essential supply chains, announced the launch of its new Essential Consortium at Lloyd’s of London....
People Moves: Lloyd’s Europe Hires Heugues From Ageas as Chief Underwriter; Parsyl Staffs London Marine Cargo Office July 8, 2022 Lloyd’s Europe reports the appointment of Bertrand Heugues as chief underwriting officer effective 14 July. He will be responsible for...
Found in Space: How Skytek Tracks Supply Chain Risks—and More December 29, 2021 By L.S. Howard Oil spills, port explosions, blockages in the Suez Canal and supply chain risks. These are just some of the events...
World Faces Shortage of Sailors for Commercial Ships, Risking Supply Chains: Report July 28, 2021 By Jonathan Saul There could be a shortage of merchant sailors to crew commercial ships in five years if action is not taken...
Global Supply Chains Driven to Breaking Point on New COVID Wave, Natural Disasters July 26, 2021 By Jonathan Saul, Muyu Xu and Yilei Sun LONDON/BEIJING – A new worldwide wave of COVID-19. Natural disasters in China and Germany. A cyber attack targeting key South...