Florida Governor Ron DeSantis has signed a comprehensive legal reform bill aimed at reducing frivolous la...
Greenhouse Gas Emissions Reduction Endorsement Amended
Following feedback from underwriting practitioners, the LMA’s Onshore Energy Committee has revised the model Greenhouse Gas Emissions Reduction...
Following feedback from underwriting practitioners, the LMA’s Onshore Energy Committee has revised the model Greenhouse Gas Emissions Reduction...
PR / 21 days ago
Introduction: Directors' Liability Survey 2021-22
The last couple of years have seen a real change in the amount of legislation and regulation imposing obligations on directors in connection with climate change....
The last couple of years have seen a real change in the amount of legislation and regulation imposing obligations on directors in connection with climate change....
Article / 6 months ago
EU Gives Final Nod to Sanctions Targeting Russia's Oil, Insurance, Sberbank
The European Union on Thursday gave its final approval to new sanctions on Russian oil and top bank Sberbank, after much wrangling with
The European Union on Thursday gave its final approval to new sanctions on Russian oil and top bank Sberbank, after much wrangling with
Article / 10 months ago
Lloyd’s Is Working With UK, Global Regulators to Implement Russia Sanctions
Lloyd's of London, the world's oldest insurance market, said on Wednesday that it was working closely with British and international governments and...
Lloyd's of London, the world's oldest insurance market, said on Wednesday that it was working closely with British and international governments and...
Article / 10 months ago
Europe Seeks G-7 Coordination on Russian Oil Insurance Ban - Bloomberg
The European Union is working to coordinate a ban on providing the insurance services needed to ship Russian oil anywhere in the world with some Group of Seven members...
The European Union is working to coordinate a ban on providing the insurance services needed to ship Russian oil anywhere in the world with some Group of Seven members...
bloomberg.com /
Article / 10 months ago
Hungary slaps $2.19 bln in new windfall taxes on banks, companies - Reuters
Hungary will collect a total of 800 billion forints ($2.19 billion) annually this year and next from new windfall taxes imposed on banks, energy firms, insurers and airlines among others...
Hungary will collect a total of 800 billion forints ($2.19 billion) annually this year and next from new windfall taxes imposed on banks, energy firms, insurers and airlines among others...
reuters.com /
Article / 10 months ago
Energy insurance: redesigning the multinational blueprint - Global Risk Manager
The complex nature of energy risks means they are too often placed into the commercial insurance market on a fragmented basis...
The complex nature of energy risks means they are too often placed into the commercial insurance market on a fragmented basis...
Article / 11 months ago
MGA Crescent Specialty awaits approval to begin underwriting oil, gas and marine book
Marine and energy MGA and wholesaler Crescent Specialty has secured capacity and reinsurance support and is now awaiting regulatory approval to begin underwriting, with the start-up's management targeting opportunities created by the growing reticence among publicly traded carriers to write oil and gas insurance.
Marine and energy MGA and wholesaler Crescent Specialty has secured capacity and reinsurance support and is now awaiting regulatory approval to begin underwriting, with the start-up's management targeting opportunities created by the growing reticence among publicly traded carriers to write oil and gas insurance.
Article / 11 months ago
U.S. Lawmakers Push Insurers to Stop Underwriting Fossil Fuels - Bloomberg
“The insurance industry profits from the expansion of fossil fuels,” state the letters sent to insurance companies...
“The insurance industry profits from the expansion of fossil fuels,” state the letters sent to insurance companies...
bloomberg.com /
Article / 11 months ago
SEC rules on calls for Chubb to stop underwriting fossil fuels - IB
Resolutions also filed for two other major insurance companies..
Resolutions also filed for two other major insurance companies..
insurancebusinessmag.com /
Article / 1 year ago