Lloyds Bank Manager Awarded £450,000 After Winning Case Over Racist Slur He Made January 11, 2024 By Jonathan Browning The ex-Lloyds Banking Group Plc manager who won his unfair dismissal case over his use of a racist slur was...
Aviation War Insurers Cancel Some Cover for Israel, Lebanon October 19, 2023 By Carolyn Cohn, Noor Zainab Hussain and Steven Scheer LONDON –– Aviation war insurers have given notice to cancel cover for some airlines domiciled in Israel and Lebanon because...
Global Economic Losses from Extreme Weather Could Hit $5 Trillion – Lloyd’s October 11, 2023 Global economic losses could reach $5 trillion under a “plausible increase” in extreme weather events linked to climate change that...
Lloyd’s in Talks with UN over New Black Sea Grain Insurance Cover September 7, 2023 LONDON –– Lloyd’s of London is in talks with the United Nations over providing insurance cover for Ukrainian grain shipments...
Lloyd’s of London Leads Insurers Tightening Taiwan Cover as Conflict Risks Rise August 10, 2023 By Jonathan Saul and Carolyn Cohn LONDON –– Lloyd’s of London underwriters are leading insurers in raising rates and cutting the amount of cover they offer...
Aviation Lessors Fight to Stop Insurance Dispute Hearings in Russia July 7, 2023 LONDON —More than 40 aviation leasing firms, locked in a battle with insurers over who should bear up to $10...
Aircraft Lessors, Insurers Jostle in UK Court over Stranded Jets in Russia March 13, 2023 By Kirstin Ridley and Sam Tobin LONDON –– AerCap, the world’s biggest aircraft lessor, said on Monday it was inconceivable that it would not recover some...
Bangladesh Owner to Get $22.48M After Ship Explosion in Ukraine March 1, 2023 By Ruma Paul and Jonathan Saul Insurers are about to pay state-owned Bangladesh Shipping Corp. (BSC) $22.48 million for its vessel that was hit by a...
Lloyd’s of London Sets Aside $1.3B for Ukraine Claims September 8, 2022 LONDON –– Lloyd’s of London has set aside 1.1 billion pounds ($1.26 billion) to pay claims related to the war...
Jury Awards $48.5M to Baylor Medical College for COVID Business-Interruption Claim September 7, 2022 By Jim Sams A Texas jury awarded the Baylor College of Medicine in Houston $48,529,961 for damages caused by COVID-19 in what appears...