Measures the new EU Commission will set out for insurers in the second half of the year risk thwarting policymakers’ efforts to boost Europe’s competitiveness and private funding capacity if not re-calibrated differently, the sector has warned.
Urgent action must be taken in the Red Sea to stop attacks on merchant shipping by Yemen’s Houthis, leading industry groups said on Wednesday (19 June), after the sinking of a second ship.
Some of the world’s largest aircraft lessors faced off against their insurers in a Dublin courtroom on Tuesday (11 June) at the start of a months-long battle over around €2.5 billion of insurance claims related to jets stranded in Russia.
Dick Roche’s recent commentary ‘Preaching transparency but not practicing it” prompted many reactions, but none from the institution in focus: the European Insurance and Occupational Pensions Authority (EIOPA). The author comes back with 10 questions c…
Both the Pfizer and the Euroins case illustrate the failure of the Commission led by Ursula von der Leyen to enforce her own commitments on transparency, writes Dick Roche.
Bulgarian insurer Eurohold made public its intention on Thursday (26 October) to sue Romania to the tune of €500 million if the case of the “hostile takeover” of Euroins, its Romanian unit, is not solved to the satisfaction of the Bulgarian side.
Russian crude oil producers are enjoying the cheapest costs to ship to refiners in China and India in almost a year thanks to a growing number of vessels plying the routes, according to trading and shipping sources.
Russia’s lack of ships and Western grain traders’ shrinking appetite for business with Moscow are adding to rising costs of moving Russian wheat, at a time when the war in Ukraine has spilled perilously close to vital Black Sea supply routes.
