by AIP Online Bureau | Mar 9, 2022 | International News, Non-Life, Reinsurance
Western bans imposed after Russia’s invasion of Ukraine give most leasing firms until March 28 to sever ties with Russian airlines – sparking a game of cat-and-mouse from Asia to Africa as lenders frantically try to seize aircraft Leasing companies are...
by AIP Online Bureau | Mar 9, 2022 | International News, Non-Life, Reinsurance
The new measures would also prevent aviation and space related exports including insurance and re-insurance. This will mean cover is withdrawn on existing policies and British-based insurers and reinsurers will be unable to pay claims on existing policies in these...
by AIP Online Bureau | Mar 9, 2022 | Disaster & Management, International News, Risk Management
“I’m deeply concerned about the difficult and stressful situation facing staff at the Chornobyl nuclear power plant and the potential risks this entails for nuclear safety,” said International Atomic Energy Agency (IAEA) chief Rafael Grossi Vienna:...
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,...
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...
