by AIP Online Bureau | Mar 5, 2022 | International News, Non-Life, Reinsurance
Since Russia’s invasion of Ukraine, hundreds of tankers and bulk carriers have been diverted away from the Black Sea, while dozens more have been stranded at ports and at sea unable to unload their valuable cargoes Only a small handful of Russia’s 2,000...
by AIP Online Bureau | Mar 4, 2022 | International News, Non-Life, Reinsurance
Europe’s No 3 insurer said its exposure to the Russian market in terms of investments and insurance business was under constant evaluation. The moves come as Western countries seek to distance themselves from Russian business after President Vladimir Putin...
by AIP Online Bureau | Mar 4, 2022 | International News, Non-Life, Reinsurance, Risk Management
MOSCOW: Russia’s central bank on Thursday said it was increasing the capital of affiliated reinsurance firm AO RNPK, which specialises in providing protection against international sanctions, to 300 billion roubles ($3.08 billion) from 71 billion...
by AIP Online Bureau | Mar 4, 2022 | International News
The plant’s reactor is a different type than the one used at Chernobyl, and there should be little risk if the containment vessel is not damaged and outside power can be restored, said Jon B. Wolfsthal, a former senior director for arms control and nonproliferation at...
by AIP Online Bureau | Mar 3, 2022 | Indian News, Non-Life, Reinsurance
International reinsurers, post Russian invasion of Ukraine, have already intimated the Indian general insurers about possible impacts in terms of higher pricing and tighter terms and conditions in coming days for Indian business Indian insurers advise India Inc to go...
