Shipping fuel regulations introduced in 2020 have led to a substantial cut in sulfur dioxide (SO2) pollution, but may also have made the ocean warmer by reducing cloud cover, according to a modeling study in a paper published late on …
Miller, the London-based specialist re/insurance broker, announced the acquisition of Madrid-based commercial insurance and reinsurance broker Bruzon Correduría de Seguros y Reaseguros S.A. and its subsidiary Bruzon Services S.A., subject to regulatory approval. Financial details of the deal, which is …
Everest, the Bermuda-based specialty re/insurer, announced it has received regulatory approval to begin operating in Mexico. Trading as Compañía de Seguros Generales Everest México S.A. de C.V., the unit is headquartered in Mexico City and is led by Jaime Chaves …
Ireland’s High Court is to begin hearing a dispute around insurance claims for aircraft stuck in Russia on June 11, a week later than scheduled, after parties in the case asked for additional time to prepare, a court spokesman said …
Property-catastrophe rates saw some moderating trends during the June 1 reinsurance renewals, with average risk-adjusted rates-on-line decreasing by 5% within a typical range of -7.5% to -2.5%, according to Howden Re, the reinsurance business of Howden. These decreases follow a …
The operator of Japan’s destroyed Fukushima Daiichi nuclear power plant demonstrated Tuesday how a remote-controlled robot would retrieve tiny bits of melted fuel debris from one of three damaged reactors later this year for the first time since the 2011 …
Latin America’s human rights court holds a final hearing in Brazil on Wednesday in a case that’s part of a global wave of climate litigation, as several international courts prepare first-time opinions on what countries must do to combat climate …
China is poised to impose a record fine on PricewaterhouseCoopers LLP and suspend some of the global auditor’s local operations over its role in one of the nation’s biggest alleged financial fraud cases, according to people familiar with the matter. …
The European Union’s executive arm is examining the feasibility of a proposal by one of its member states to sanction Russia’s Ingosstrakh Insurance Co., as part of efforts to choke revenue generating streams that Moscow needs to finance its war …
South Korea’s nuclear safety authorities are carrying out an on-site investigation after two employees at a Samsung Electronics Co. semiconductor plant were exposed to radiation. The employees are showing abnormal symptoms on their fingers because of localized exposure, though their …
