by AIP Online Bureau | May 25, 2022 | Eco/Invest/Demography, International News, Policy, Reinsurance, Risk Management
Insurers from Europe and the United States, which dominate the international marine market, are curtailing coverage for Russian oil tankers, industry sources say, to avoid breaching sanctions imposed in the wake of Moscow’s invasion of Ukraine. Even non-Russian...
by AIP Online Bureau | Apr 29, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Moscow’s ability to ship that grade, which requires vessels that can break through ice, is becoming harder due to concerns from shippers over reputational risk and the increasing difficulty for Russian assets to find insurance coverage New Delhi: India’s Oil and...
by AIP Online Bureau | Apr 16, 2022 | Eco/Invest/Demography, International News
Energy trading firms face compliance and reputational risks from the current raft of Western sanctions. They have to examine closely which entities they can pay as well as their employees’ nationalities. Also, the lack of an outright ban complicates ending...
