by AIP Online Bureau | Apr 8, 2022 | Eco/Invest/Demography, International News, Policy
Credit-default swaps insuring $10 million of the country’s notes for one year were quoted at about $7.3 million upfront and $100,000 annually on Wednesday, according to ICE Data Services’ prices on Bloomberg. That’s up from about $5 million in advance last week, the...
by AIP Online Bureau | Mar 24, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Vladimir Putin,President,Russia Companies that leave and abandon their business without any action taken by the Russia government to seize control of their assets will have a tough time collecting insurance, according to legal experts “You see companies saying...
by AIP Online Bureau | Mar 22, 2022 | International News, Non-Life, Reinsurance
Multi-billion-dollar aviation insurance claims could have significant knock-on effects on the aviation insurance market. “We would expect insurers and reinsurers to respond by increasing premiums, incorporating more exclusion clauses in their contracts, and...
by AIP Online Bureau | Mar 19, 2022 | International News, Non-Life
“By following a 10-step plan would reduce the price pain being felt by consumers around the world, lessen the economic damage, shrink Russia’s hydrocarbon revenues, and help move oil demand to a more sustainable pathway,” the Paris-based IEA said in a report. The...
by AIP Online Bureau | Mar 17, 2022 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance
“It (the law) helps the insurance question because it demonstrates the intent to confiscate which is, I think, a critical aspect of our war-risk insurance,” Air Lease chairman Steven Udvar-Házy said on Wednesday The new law allows Russian airlines to place...
