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...
by AIP Online Bureau | Apr 15, 2022 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance
Under the amended provision, no economic resources can be made available to the Russian counterpart, except to transfer ownership of the plane after the EU company has been fully reimbursed An amendment to European Union sanctions last week created a potential path...
by AIP Online Bureau | Mar 30, 2022 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance
Global leasing companies had until Monday to sever ties with Russian carriers under Western sanctions imposed over Moscow’s invasion of Ukraine, but executives say only a fraction of the more than 400 jets directly involved have been returned Russia’s airline...
by AIP Online Bureau | Mar 24, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Vladimir Putin,President,Russia Companies that leave and abandon their business without any action taken by the Russia government to seize control of their assets will have a tough time collecting insurance, according to legal experts “You see companies saying...
by AIP Online Bureau | Mar 17, 2022 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance
“It (the law) helps the insurance question because it demonstrates the intent to confiscate which is, I think, a critical aspect of our war-risk insurance,” Air Lease chairman Steven Udvar-Házy said on Wednesday The new law allows Russian airlines to place...
