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...
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%....
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...
by AIP Online Bureau | Mar 6, 2022 | Eco/Invest/Demography, Facts, International News, Wealth Management/ Philanthropy
Working with the U.K.-based yacht valuation firm VesselsValue, the AP compiled a list of 56 superyachts — generally defined as luxury vessels exceeding 24 meters (79 feet) in length — believed to be owned by a few dozen Kremlin-aligned oligarchs, seaborne assets with...
by AIP Online Bureau | Mar 6, 2022 | Eco/Invest/Demography, International News, Policy
Russia has banned Western airlines from Russian space. Ford has discontinued operations, but its joint venture partner still has a factory in the country. Many other automakers, including France’s Renault and Japan’s Toyota Motor Corp, have described...
