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News

Companies react to Baltimore bridge collapse

FACTBOX-Companies react to Baltimore bridge collapse Adds Axa and Britannia March 28 (Reuters) - A major bridge collapsed on Tuesday in the U.S. port of Baltimore after being struck by a container ship, plunging cars into the river below. Here is what carmakers and other companies that use the port, have said about the impact on their operations: ASR GROUP The largest sugar company in the U.S.
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Insurer AXA does not expect material losses from Baltimore bridge collapse

Insurer AXA does not expect material losses from Baltimore bridge collapse LONDON, March 28 (Reuters) - French insurer AXA AXAF.PA will not have major losses from the Baltimore bridge collapse, it said on Thursday. "Based on a preliminary assessment, AXA currently does not expect losses from the Francis Scott Key bridge collapse to be material at group level," AXA said in a statement.
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UK court decides $10 billion jet dispute to be heard in London, not Moscow

UPDATE 1-UK court decides $10 billion jet dispute to be heard in London, not Moscow Adds background in paragraphs 4-5, 9-13; reaction in paragraphs 7-8 LONDON, March 28 (Reuters) - A $10 billion battle between reinsurers and aircraft leasing companies seeking payouts for more than 200 jets stuck in Russia should be heard in London rather than Moscow, London's High Court ruled on Thursday.
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UK court decides $10 billion jet dispute to be heard in London, not Moscow

UK court decides $10 billion jet dispute to be heard in London, not Moscow LONDON, March 28 (Reuters) - A $10 billion battle between reinsurers and aircraft leasing companies seeking payouts for more than 200 jets stuck in Russia should be heard in London rather than Moscow, London's High Court ruled on Thursday. Aircraft lessors, including Ireland's AerCap AER.N and U.S.-listed Carlyle Aviation Partners CG.O , are pursuing insurers for financial losses after Russia's invasion of Ukraine grounde
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Ship insurer Britannia is helping in Baltimore bridge probe

UPDATE 2-Ship insurer Britannia is helping in Baltimore bridge probe Updates with further comment, detail LONDON, March 28 (Reuters) - Britannia, the insurer of container ship the Dali, is working with the vessel's owner and U.S. authorities on the investigation into the collapse of Baltimore's Francis Scott Key Bridge, the insurer said on Thursday. The bridge collapsed on Tuesday after the Dali suffered a power outage and struck a pylon, causing huge disruption in the port.
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