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Foreign firms’ losses from exiting Russia top $107 billion

by AIP Online Bureau | Mar 28, 2024 | Eco/Invest/Demography, International News, Policy, Risk Management

Moscow demands discounts of at least 50% on foreign asset sales and has steadily tightened exit requirements, often accepting nominal fees as little as one rouble.So far this year, sales of assets owned by Shell, HSBC, Polymetal International and Yandex have been...
Biden issues executive order to better shield Americans’ sensitive data from foreign foes

Biden issues executive order to better shield Americans’ sensitive data from foreign foes

by AIP Online Bureau | Feb 28, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology

US President Joe Biden The officials said activities like computer hacking are already prohibited in the US, but that buying potentially sensitive data through brokers is legal. That can represent a key gap in the nation’s national security protections when data...

US imposes sanctions on Russia’s leading tanker group Sovcomflot – Treasury Dept website

by AIP Online Bureau | Feb 24, 2024 | Eco/Invest/Demography, International News, Non-Life, Risk Management

The Treasury Department also sanctioned 14 crude oil tankers identified as being linked to the company, Treasury said in a statement. The company had already been sanctioned by Australia, Canada, New Zealand and the UK, and faced European Union restrictions. The US...

Russia’s Aeroflot finalises insurance settlement for seven more planes

by AIP Online Bureau | Feb 16, 2024 | Eco/Invest/Demography, International News, Non-Life

Russia’s Aeroflot has finalized insurance settlements with leasing companies for seven more planes, it said on Friday Russia’s Aeroflot has finalized insurance settlements with leasing companies for seven more planes, it said on Friday. Planes leased by Russian...

Aviation lessor settlements with Russia over trapped planes

by AIP Online Bureau | Feb 1, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Lessors have been suing dozens of insurers over losses of at least $8 billion over the trapped planes, with vast court trials scheduled in Dublin in June and London in October. Some are also being heard in U.S. states Aircraft leasing firms have secured settlements...
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