Insurance News: May 21-29, 2025
Summary of important insurance news occurred between May 21-29, 2025...
6 days at Suez: Insurance complications of Ever Given’s grounding
On March 23, while casually passing through the canal of Suez, an ultra large container ship of Ever Given was grounded, seizing both ways the traffic for 6 days that is halting 10 bln USD worth of marine traffic...
Insurance Firm Performance Assessment
Performance evaluation of financial institutions substantially differs from one of other traditional entities. To reformulate both the inputs and outputs of these firms are capital, hence, their financial...
Insurers: FM Global
FM Global (legal name – Factory Mutuals Insurance Company) is a USA based international property insurance and loss prevention engineering company. Established nearly two centuries ago, FM Global is a Mutuals insurance company whose capital...
Insurers: Lloyd’s of London
Lloyd’s of London is an insurance market, which consists of different parties, all of which together combine to provide clients with specialized insurance coverages. In the market, the insurance companies operate as syndicates, each of which is specialized...
Insurance in the Time of Pandemics: Claims Surged by Covid-19
Covid-19 is expected to cause much more insurance losses than world-renowned catastrophes such as 2005 hurricanes, 9/11 bombing, 2011 Tohoku Earthquakes and Tsunami. As of the commencement...