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Russia certifier steps in after India drops safety cover for sanctioned ships

Russia certifier steps in after India drops safety cover for sanctioned ships

by AIP Online Bureau | May 14, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Regulation

Major insurers and ship engine makers have already withdrawn cover for Russia’s tanker fleet, which Moscow is relying on to maintain the country’s oil trade after Washington and its allies including the European Union imposed a raft of sanctions for its invasion of...
Russia certifier steps in after India drops safety cover for sanctioned ships

Russia reinsurer backs firms to get India marine insurance permit

by AIP Online Bureau | Apr 25, 2024 | Breaking News!, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

Russian companies Sogaz Insurance, Alfastrakhovanie, and VSK Insurance, have joined Ingosstrakh as insurers approved by India for providing marine insurance cover, an order posted on Indian shipping regulator’s website showed “With the backing of the...
India ranks number 10 in cybercrime, study finds

India ranks number 10 in cybercrime, study finds

by AIP Online Bureau | Apr 12, 2024 | Data, Eco/Invest/Demography, Non-Life, Risk Management

Russia topped the list, and was followed by Ukraine, China, the US, Nigeria and Romania. North Korea was at the seventh position, while the UK and Brazil were at the eighth and ninth positions, respectively, according to the research published in the journal PLoS ONE...

Attacks on Zaporizhzhia nuclear plant significantly increase accident risk, IAEA head says

by AIP Online Bureau | Apr 8, 2024 | Eco/Invest/Demography, International News, Regulation, Risk Management

In a statement on the social media platform X, Rafael Mariano Grossi confirmed at least three direct hits against the ZNPP main reactor containment structures took place. “This cannot happen,” he said KYIV, Ukraine: The head of the U.N.’s atomic watchdog agency on...

Foreign firms’ losses from exiting Russia top $107 billion

by AIP Online Bureau | Mar 28, 2024 | Eco/Invest/Demography, International News, Policy, Risk Management

Moscow demands discounts of at least 50% on foreign asset sales and has steadily tightened exit requirements, often accepting nominal fees as little as one rouble.So far this year, sales of assets owned by Shell, HSBC, Polymetal International and Yandex have been...
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