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GLOBAL MARKETS-Global shares fall, oil rises in volatile trading after Russia oil ban

by AIP Online Bureau | Mar 9, 2022 | Eco/Invest/Demography, International News, Risk Management, Wealth Management/ Philanthropy

The rally in oil and other commodities has heightened investor fears about global inflation. Data this week is expected to show the U.S. consumer price index climbed a stratospheric 7.9% on a year-on-year basis in February, up from 7.5% in January Solita Marcelli,...
How sanctions against Russia are battering the global aviation industry

How sanctions against Russia are battering the global aviation industry

by AIP Online Bureau | Mar 8, 2022 | International News, Non-Life, Reinsurance

Manufacturers, lessors, insurers and maintenance providers to Russian carriers like Aeroflot, S7 Airlines and AirBridgeCargo are among those outside Russia that are hit directly by sanctions Russian airlines have also been cut off from the insurance and reinsurance...

Confusion, but not panic, reigns in global finance in Russia’s wake

by AIP Online Bureau | Mar 7, 2022 | Eco/Invest/Demography, International News, Risk Management

“There is so much more capital in the system. Russia is not that big. Risk management is better,” Schamis said, comparing the situation now to the financial crisis in 2008 when he had a front-row seat as someone with capital to invest Western allies’ sanctions...

Overseas re/insurers have small exposure to Russia, have strong capital position to avoid a deterioration in credit quality: S&P

by AIP Online Bureau | Mar 7, 2022 | International News, Non-Life, Reinsurance, Risk Management

Many global and regional reinsurers have exposure to Russia, as well as some industrial line writers. As of now  global reinsurers’ exposure is very limited, in most cases less than 1% of assets and existing liabilities, in some cases even less than 0.1%....

Russian war in world’s ‘breadbasket’ threatens food supply

by AIP Online Bureau | Mar 6, 2022 | Eco/Invest/Demography, International News

While there have not yet been global disruptions to wheat supplies, prices have surged 55 per cent since a week before the invasion amid concerns about what could happen next. If the war is prolonged, countries that rely on affordable wheat exports from Ukraine could...
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