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The U.K.'s cruise industry is expected to lose nearly £2.4 billion ($3 billion) as a result of a 90-day suspension of services due to the COVID-19 pandemic, Ship Technology reported. The report by the Cruise Lines International Association also said that it will lead to a loss of 13,788 jobs and £746 million in wages.
2. Zurich Insurance to stop underwriting new oil and gas projects
3. Bermudan, European reinsurers to suffer major hit from bridge collapse
4. Turkish airlines cancel flights to Iran and Iraq amid war concerns
5. Tycoon gets death sentence for multi-billion-dollar fraud
6. Inflation drives 10% increase in sum insured for windstorms