Reinsurance renewals at April 1 consolidated the progress made at 1/1, as ample capacity and increased co...
Power Market Update Q1 2024
The aggressive nature of the correctional phase will not continue, but the marketplace will be challenging as it evolves...
The aggressive nature of the correctional phase will not continue, but the marketplace will be challenging as it evolves...
Article / 2 months ago
Government sues petrochemical firm over damage from its mines
Brazilian state and federal prosecutors have filed a 1 billion Brazilian real ($203 million) lawsuit against petrochemical company Braskem SA over alleged damages that its salt mines have caused...
Brazilian state and federal prosecutors have filed a 1 billion Brazilian real ($203 million) lawsuit against petrochemical company Braskem SA over alleged damages that its salt mines have caused...
Article / 5 months ago
Appeals court reinstates jury’s award to coal company
A federal court of appeals Thursday reinstated a $7.6 million jury award to a coal company in litigation filed against Chubb Ltd. units and approved a new damages trial in connection with...
A federal court of appeals Thursday reinstated a $7.6 million jury award to a coal company in litigation filed against Chubb Ltd. units and approved a new damages trial in connection with...
Article / 9 months ago
Damages claim against BHP over Brazil dam jumps to £36bn: law firm - Yahoo
A damages claim faced by global mining firm BHP over a deadly 2015 Brazilian dam collapse has risen to an estimated £36 billion ($44 billion), the legal firm...
A damages claim faced by global mining firm BHP over a deadly 2015 Brazilian dam collapse has risen to an estimated £36 billion ($44 billion), the legal firm...
uk.sports.yahoo.com /
Article / 1 year ago
W.R. Grace offers $18.5M to settle Montana asbestos claims - AP News
The owner of a former vermiculite mine in northwestern Montana that spread harmful asbestos in and around the town of Libby has offered $18.5 million to settle...
The owner of a former vermiculite mine in northwestern Montana that spread harmful asbestos in and around the town of Libby has offered $18.5 million to settle...
apnews.com /
Article / 1 year ago
Potential $600mn-$750mn of losses in Chile threaten property risk market
Sources estimated the potential losses incurred by Coldeco at $400-$500mn, by Arauco at $100mn-$150mn and by CMPC facilities at $100mn....
Sources estimated the potential losses incurred by Coldeco at $400-$500mn, by Arauco at $100mn-$150mn and by CMPC facilities at $100mn....
Article / 1 year ago
Miners’ losses mount as ports strike drags on in South Africa - Miningweekly.com
A strike at South Africa’s port and rail operator Transnet that’s cost bulk mineral exporters as much as R9.8-billion continued for a twelfth day, with the company...
A strike at South Africa’s port and rail operator Transnet that’s cost bulk mineral exporters as much as R9.8-billion continued for a twelfth day, with the company...
miningweekly.com /
Article / 2 years ago
Peru copper mine protests threaten $50mn PV tower
The political violence (PV) market is set to face a $50mn loss from protests near the Cuajone mine operated by Southern Copper in Peru...
The political violence (PV) market is set to face a $50mn loss from protests near the Cuajone mine operated by Southern Copper in Peru...
Article / 2 years ago
Construction market faces $100mn loss from Mina Justa mine
The construction market faces a $100mn defects loss stemming from the Mina Justa copper project in Peru, which is owned by Peru-based company Marcobre...
The construction market faces a $100mn defects loss stemming from the Mina Justa copper project in Peru, which is owned by Peru-based company Marcobre...
Article / 2 years ago
Court sides with insurer in multi-million-dollar spat over sublimits - Canadian Underwriter
A mining company’s business interruption losses were subject to a $10-millon sublimit, not a policy limit of $250 million, a court decided...
A mining company’s business interruption losses were subject to a $10-millon sublimit, not a policy limit of $250 million, a court decided...
canadianunderwriter.ca /
Article / 2 years ago