LONDON Lloyd's of London firm Apollo has written insurance for Adani Enterprises' Carmichael thermal coal mine which expires in Sept 2021 but is not planning to provide any further insurance for the mine, according to a memo seen by Reuters.
LONDON Fed up with rising prices and more stringent terms and conditions for their insurance policies as a result of the coronavirus pandemic, companies are turning to in-house insurance firms.
NEW YORK/LONDON, Oct 14 U.S. and European shares
whipsawed between modest gains and losses on Wednesday as
investors tried to brush aside market risks to focus on the
positive, but caution prevailed in the gold market with prices
jumping more than 1%.
LONDON, Oct 14 European shares fell on Wednesday
as countries began to close schools and cancel surgeries on a
resurgence of the COVID-19 pandemic, though sterling gained on
hopes of further Brexit talks.
LONDON, Oct 14 European shares held steady on
Wednesday, underpinned by gains for Wall Street futures,
following losses the day before on vaccine trials and a stimulus
impasse, while the dollar was also stable.
LONDON/FRANKFURT The world is racing towards a vaccine in record time, stirring public concerns about safety to the extent that nine leading developers have felt compelled to issue a pledge to uphold scientific standards and testing rigour. | Video
LONDON Five years after London-based hedge fund Toscafund ditched the shares it held in insurance companies, the $3.5 billion firm and its peers are flocking back, drawn by sharp premium increases which are lifting the sector's post-coronavirus prospects.
LONDON A test case brought by Britain's markets regulator against some of the world's biggest insurers will jump straight to the Supreme Court after London's High Court agreed to a fast-track appeal on Friday.
* Appeal spells "nail in coffin" for small businesses-lawyer
(Adds comment from small business, QIC Europe intervention
attempt, lawyer quote, details)