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...
by AIP Online Bureau | Jun 14, 2024 | International News, Non-Life, Policy, Reinsurance, Risk Management
Sanctions against Ingosstrakh are notable because it is major provider of coverage for the commercial fleet moving Russian oil, largely displacing insurers based in the UK and Europe. The company didn’t immediately respond to a request for a comment on how the...
by AIP Online Bureau | Jun 10, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Risk Management
Russia has shipped about 3.4 million barrels a day of crude so far this year, valued at about $37 billion at the point of export, and working around western sanctions has been part of that The first Russian oil tanker attempting to deliver crude while under US...
