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Russia halts UN brokered Ukraine Black Sea grain exports

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...
Dubai Aerospace, with 19 jets stuck in Russia, sues 11 insurers in London

Dubai Aerospace, with 19 jets stuck in Russia, sues 11 insurers in London

by AIP Online Bureau | Oct 28, 2022 | International News, Non-Life, Reinsurance

The High Court claim also names Fidelis Insurance Ireland, HDI Global Speciality, Abu Dhabi National Insurance Company , Great Lakes Insurance, Global Aerospace Underwriting Managers, Starr Europe Insurance and Axis Speciality Europe Aircraft leasing firm Dubai...

Russia poised to largely skirt new G7 sanctions on oil price cap and insurance

by AIP Online Bureau | Oct 23, 2022 | Eco/Invest/Demography, International News, Policy

Months of discussions between the United States and those insurance, trading and shipping firms have mollified concerns on their exposure to sanctions but all parties now realize Russia can largely skirt the plan with their own ships and services. Russia can access...

Gas leaks in Russian pipelines to Europe stoke sabotage fears

by AIP Online Bureau | Sep 27, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Sweden’s Maritime Authority issued a warning about two leaks in the Nord Stream 1 pipeline, the day after a leak on the nearby Nord Stream 2 pipeline was discovered that prompted Denmark to restrict shipping and impose a small no fly zone STOCKHOLM/COPENHAGEN:...
Russia’s war at 6 months: A global economy in growing danger

Russia’s war at 6 months: A global economy in growing danger

by AIP Online Bureau | Aug 22, 2022 | Eco/Invest/Demography, International News

The world may soon be teetering on the edge of a global recession, only two years after the last one,” Pierre-Olivier Gourinchas, the IMF’s chief economist, said. Governments, businesses and families worldwide are feeling the war’s economic effects...
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