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The Japanese government has asked insurers to take on additional risks to continue providing marine war insurance for liquefied natural gas shippers in Russian waters in order to import gas from the Sakhalin-2 project, Yahoo reports citing Reuters. "Securing LNG is the top priority for the government, and we asked insurance companies to cooperate in this regard," an official at Japan’s Financial Services Agency said.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
2. Zurich Insurance to stop underwriting new oil and gas projects
3. Bermudan, European reinsurers to suffer major hit from bridge collapse
4. Tycoon gets death sentence for multi-billion-dollar fraud
5. Inflation drives 10% increase in sum insured for windstorms
6. Apple loses bid to throw out $977M lawsuit over app store fees