by AIP Online Bureau | Mar 19, 2022 | Eco/Invest/Demography, Indian News, Intermediaries, Non-Life, Reinsurance
Ukrainian and Russian waters in the Black Sea and the Sea of Azov” as one of the listed territories for cancellation of war risk covers by GIC Re GIC Re has a small portfolio of Russian aviation risks for which Notice of Cancellation (NOC) of cover has been...
by AIP Online Bureau | Mar 17, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“We estimate that global reinsurers’ coverage of risks in Russia typically accounts for less than 2% of their gross written premiums (GWP). The exposure is mostly from specialty lines, such as energy, marine and aviation, typically written through Lloyd’s of...