by AIP Online Bureau | Sep 18, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance
By using Russian insurers, Moscow can sell the oil above a $60 per barrel price cap that the Group of Seven (G7), the European Union and Australia imposed aiming to limit Russia’s oil revenue following its invasion of Ukraine. Over 60% of Russia’s seaborne...
by AIP Online Bureau | Jul 18, 2024 | International News, Technology
Kaspersky Labs will gradually wind down its U.S. operations from July 20, the Russian anti-virus software maker said on Monday, nearly a month after the Biden administration announced plans to bar sales of the company in the country. Kaspersky, which will eliminate...
by AIP Online Bureau | Jun 30, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Gas is key to the Kremlin’s plans to boost exports, replenish government coffers and fund its war machine — but that requires a larger share of the global LNG market, now that the once-lucrative European pipeline trade has been almost cut off. To date, expansion plans...
by AIP Online Bureau | Jun 21, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology
Moscow’s influence over the company was found to pose a significant risk, Commerce Secretary Gina Raimondo said on a briefing call with reporters on Thursday.The software’s privileged access to a computer’s systems could allow it to steal sensitive...
by AIP Online Bureau | Jun 18, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
In practice, the Liberia’s move may well prove symbolic. There are only three vessels covered by Ingosstrakh that sail under the flag of Liberia and none of them are oil tankers, according to a vessel database maintained for the International Maritime Organization The...