Lloyd's chief of markets Patrick Tiernan has hailed the energy transition as a “phenomenal opportunity” a...
Nord Stream sues insurers in London over 2022 pipeline blasts - Reuters
Nord Stream is seeking more than 400 million euros ($436 million) from its insurers over explosions in 2022 which ruptured pipelines designed to transport Russian gas to Germany, court filings show.
Nord Stream is seeking more than 400 million euros ($436 million) from its insurers over explosions in 2022 which ruptured pipelines designed to transport Russian gas to Germany, court filings show.
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Article / 17 days ago
Latin America
The year 2023 has seen a significant rise in production costs and inflation. This increase has directly impacted insurance claims as the costs of repairing...
The year 2023 has seen a significant rise in production costs and inflation. This increase has directly impacted insurance claims as the costs of repairing...
Article / 2 months ago
Energy
In our last Annual Insurance Review, we anticipated the further progression of the energy transition and a corresponding expansion of associated insurances...
In our last Annual Insurance Review, we anticipated the further progression of the energy transition and a corresponding expansion of associated insurances...
Article / 2 months ago
Climate and biodiversity risk
2023 closed with the COP28 conference and a more tangible commitment by nations worldwide to transition away from fossil fuels...
2023 closed with the COP28 conference and a more tangible commitment by nations worldwide to transition away from fossil fuels...
Article / 2 months ago
Property, energy and infrastructure expert wins W+K competition - Insurance Business Australia
"There is no short answer to this question," he says
"There is no short answer to this question," he says
Article / 7 months ago
Energy companies prepare for ‘third wave’ as climate litigation risk gathers momentum
Nadine Coudel and Robert Gardner look at the climate liability risks facing the energy sector and what steps companies can take to identify and reduce these threats...
Nadine Coudel and Robert Gardner look at the climate liability risks facing the energy sector and what steps companies can take to identify and reduce these threats...
Article / 9 months ago
Guyana court stays order for Exxon to give unlimited guarantee for oil spills - Reuters
A Guyana Appellate Court judge on Thursday temporarily stayed a lower court's order requiring Exxon Mobil and partners in offshore oil production to provide an unlimited guarantee to cover potential oil spills.
A Guyana Appellate Court judge on Thursday temporarily stayed a lower court's order requiring Exxon Mobil and partners in offshore oil production to provide an unlimited guarantee to cover potential oil spills.
reuters.com /
Article / 10 months ago
Guyana judge delays decision on Exxon spill-insurance ruling - Reuters
A Guyana appellate judge on Wednesday delayed a decision on a request by the country's environmental agency to stay a lower-court's ruling requiring a consortium led by Exxon Mobil to provide more liability coverage for an offshore oil platform.
A Guyana appellate judge on Wednesday delayed a decision on a request by the country's environmental agency to stay a lower-court's ruling requiring a consortium led by Exxon Mobil to provide more liability coverage for an offshore oil platform.
reuters.com /
Article / 10 months ago
Guyana's Environmental Agency Appeals Court Decision Against Exxon
Guyana's environmental regulator on Tuesday appealed a court decision that last week declared that the agency and Exxon Mobil unit breached oil-spill insurance...
Guyana's environmental regulator on Tuesday appealed a court decision that last week declared that the agency and Exxon Mobil unit breached oil-spill insurance...
Article / 11 months ago
Exxon, Guyana's environmental agency in breach of oil-spill insurance -court - Reuters
An Exxon Mobil unit is in breach of insurance obligations for its first offshore oil project in Guyana in part due to errors by the environmental regulator, a Guyanese court ruled on Wednesday, a decision the government rejected.
An Exxon Mobil unit is in breach of insurance obligations for its first offshore oil project in Guyana in part due to errors by the environmental regulator, a Guyanese court ruled on Wednesday, a decision the government rejected.
reuters.com /
Article / 11 months ago