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The OS 35 has P&I coverage in place with QBE’s British Marine, which will shoulder clean-up costs from the incident.
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AerCap’s contingent war insurers have filed documents rebuffing the lessor’s $3.5bn all-risk claim.
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The cities of Busan and Daegu have been placed on red alert and are expected to be hit by a Category 1 storm tomorrow.
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Insured losses in 2021 alone hit $20bn.
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After the quietest start to hurricane season since 1997, weather experts forecast storm activities in the Atlantic to happen as early as this week.
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The forecast for the number of hurricanes remains unchanged and calls for six to eight hurricanes and three to five major hurricanes this season.
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Clubs including Arsenal, Aston Villa and Leicester City are claiming against insurers.
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The latest estimate is an increase on Perils’ earlier figure of EUR3.6bn.
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The Swiss bank said it filed two further claims as part of the liquidation of its Greensill funds.
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France’s Gironde region struck by serious wildfire outbreak
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A steady flow of litigation relating to Covid-19 BI is hitting the courts, despite the completion of the FCA test case last year.
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The fire is spreading towards the A63 motorway, a major road linking Bordeaux to Spain.