International & Reinsurance News

Greencore Recalls Sandwiches, Wraps, Salads Amid E. Coli Concern

Convenience foods manufacturer Greencore Group is recalling a variety of products because of concerns over possible contamination with E. coli. The recall involves various sandwiches, wraps and salads sold at major retailers including Aldi, Asda, Boots, Morrisons and Sainsbury’s, according …

Dredger That Hit Tanker Reported Sudden Loss of Control; Oil Spill Cleanup Ongoing

Singapore authorities said Monday a dredger boat reported a sudden loss in engine and steering control that led it to hit a stationary cargo tanker, causing an oil spill that has blackened part of the city-island’s southern shores. The Netherlands-flagged …

More Than 800 Coal Plants Worldwide Could Be Profitably Decommissioned: Research

More than 800 coal-fired power plants in emerging countries could be decommissioned and profitably replaced by cleaner solar energy starting from the end of the decade, research on Monday showed. Though only a tenth of existing coal plants are scheduled …

Top Shipping Flag Cuts Approval for Sanctioned Russian Insurer

The world’s largest shipping register withdrew its approval for Russia’s Ingosstrakh Insurance Co. to provide a key document enabling ships to enter ports. The Liberian Register — under whose flag 16% of the world’s ships by capacity sail — said …

People Moves: Canopius Taps Getty From Talbot for Cyber Team; Howden Promotes Hipson to Head of London Broking

This edition of International People Moves details appointments at special re/insurer Chaucer Group and the London-based broker Howden. A summary of these new hires follows here. Canopius Taps Getty From Talbot for Cyber Team Canopius Group, the London-based global specialty …

London Hospitals Knew of Cyber Vulnerabilities Years Before Hack

A group of London hospitals struggling to contain the fallout from a cyberattack against a critical supplier had known for years about weaknesses that left them vulnerable to hacks, according to documents reviewed by Bloomberg News. The Guy’s and St …

Houthi-Stricken Cargo Carrier’s Crew Abandons Ship Due to Fire

Crew members of a bulk cargo carrier struck by Houthi missiles abandoned ship Saturday after they couldn’t get fires on board under control, the US military said. The Iranian-backed militants struck the Verbena, a Ukrainian-owned, Polish-operated ship, in two missile …

Denmark Seeks to Limit Shadow Tanker Fleet Carrying Russian Oil

Denmark is considering ways to stop a so-called shadow fleet of tankers from carrying Russian oil through the Baltic Sea, the Nordic country said on Monday, triggering a sharp response from Moscow’s diplomats who said any such move would be …

Russia’s Ingosstrakh Weighs Legal Action After UK Sanctions

Russia’s Ingosstrakh said on Friday it may challenge UK sanctions in court and was seeking clarification about the measures imposed on the country’s leading insurer that the British government announced on Thursday. Ingosstrakh, which provides services to Russian oil exporters …

Finland’s Sampo Makes $4.7 Billion Bid for Topdanmark

Finnish insurer Sampo has agreed to buy Topdanmark an all-share deal that values the Danish rival at 33 billion crowns ($4.73 billion), the two companies said on Monday. Sampo already owns 48.5% of the Danish property and casualty (P/C) insurer, …

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