by AIP Online Bureau | Mar 13, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The initiative, brokered by the United Nations and Turkey last July, is up for renewal on March 18. Negotiations began on Monday between U.N. officials and Russian Deputy Foreign Minister Sergei Vershinin aimed at discussing an extension to a deal allowing the export...
by AIP Online Bureau | Jan 6, 2023 | Eco/Invest/Demography, Non-Life, Reinsurance
Costs for hiring ships to transport commodities from the Black Sea have risen by more than a fifth since the start of the year, reflecting higher war risk insurance rates, industry sources said The Black Sea is crucial for the shipment of grain, oil and oil products....
by AIP Online Bureau | Nov 3, 2022 | International News, Non-Life, Pandemic, Reinsurance
“In response to today’s news, the Ascot-led ‘AsOne’ facility is quoting again, effective immediately, and we have already issued quotes this morning,” Chris McGill told Reuters by email Lloyd’s of London insurer Ascot is once again quoting on its cargo insurance...
by AIP Online Bureau | Oct 30, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The U.N. chief said the grain deal brokered by the United Nations and Turkey in July helps “to cushion the suffering that this global cost-of-living crisis is inflicting on billions of people, his spokesman said Kyiv: Russia announced Saturday that it will...
by AIP Online Bureau | Aug 10, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The initiative has been operating in a trial phase for the past two weeks. Ten ships – stuck in Ukraine since the war started – have departed with corn, soybeans and sunflower oil and meal. Two empty vessels have traveled to Ukraine to collect shipments. The biggest...
