Global Shipping Insurance May Shift if Sanctions End, BIMCO Says March 25, 2025 By Weilun Soon The global shipping industry should be open to working with a new group of insurers that emerged to support Russia’s...
Markets/Coverages: MS Amlin Binds Reinsurance Facility to Cover Ukraine’s SMEs March 21, 2025 MS Amlin, the Lloyd’s global re/insurer, has bound a reinsurance scheme that could provide up to €1 billion (US$1.1 billion)...
Damage to Baltic Sea Telecoms Cable May Have Occurred in January, Operator Says February 24, 2025 Finland’s telecoms operator said on Monday that the damage reported last week to its C-Lion1 telecoms cable in the Baltic...
Finland, Sweden Investigate Suspected Sabotage of Baltic Sea Telecoms Cable February 21, 2025 Swedish and Finnish police are investigating a suspected case of sabotage of an undersea telecoms cable in the Baltic Sea,...
Oil Tankers Rocked by Mystery Blasts After Trips to Russia February 20, 2025 By Alex Longley At least four oil tankers have been hit with explosions so far this year — all of them having visited...
Russia’s Rostelecom Says Baltic Sea Cable Damaged, Tass Reports February 10, 2025 A Russian underwater cable in the Baltic Sea has been damaged by an unspecified external impact, Tass reported on Saturday,...
Sweden Seizes Ship Suspected of Sabotage in Baltic Sea January 27, 2025 By Charles Daly Sweden detained a vessel suspected of damaging a subsea data cable connecting it with Latvia, the third such incident in...
Maritime Sources Expect Houthis to Halt Red Sea Attacks After Gaza Deal January 17, 2025 Maritime security officials said on Thursday they were expecting Yemen’s Houthi militia to announce a halt in attacks on ships...
Baltic Sea Cable Cuts Can’t Be Accident, EU Tech Chief Says January 14, 2025 By Andrea Palasciano and Oliver Crook The European Union’s new digital chief, Henna Virkkunen, suggested the repeated damage to undersea cables in the Baltic Sea couldn’t...
Broker McGill Offers Property War Reinsurance for Ukraine January 9, 2025 Broker McGill and Partners has launched a commercial property war risk reinsurance program for Ukraine, which it said on Thursday...