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Ukraine grain shippers take alternative export routes via Baltic Sea

by AIP Online Bureau | Jun 17, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The country has been hunting for alternative paths for its crops as the war with Russia cuts off vital shipments from ports dotting the Black Sea, stoking global food prices and raising worries over hunger. Producers have resorted to sales by land instead, ferrying...

Ukraine grain can be shipped and insurers after removal of Black Sea mines

by AIP Online Bureau | Jun 14, 2022 | International News, Non-Life, Policy, Reinsurance

“It’s not safe for ships to get in or get out at the moment. Until the mines are swept, that situation is not going to change,” said Guy Platten, secretary general of the International Chamber of Shipping, which is also working on opening up maritime channels As the...
LIC’s IPO size may be cut by 40% on Ukraine war woes

LIC’s IPO size may be cut by 40% on Ukraine war woes

by AIP Online Bureau | Apr 22, 2022 | Indian News, Policy, Wealth Management/ Philanthropy

Officials want to complete the listing — which will still be India’s biggest — in the next two weeks, the people said, asking not to be identified as the deliberations aren’t public. LIC will probably be valued at some Rs 6 lakh crore, the people said New...

Over 70% of Africa’s economies at risk from Russia’s war in Ukraine: UN report

by AIP Online Bureau | Apr 18, 2022 | Eco/Invest/Demography, International News

Preliminary analysis suggests that as many as 1.7 billion people in 107 economies are exposed to at least one of the three risks highlighted by the Global Crisis Response Group “The war is supercharging a three-dimensional crisis – food, energy and finance –...

Ukraine guarantees insurance payouts for vessels damaged at its Danube ports

by AIP Online Bureau | Apr 2, 2022 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance

Ukraine exports almost all its commodities through Black Sea ports now blocked due to the Russian invasion. The government did not provide details of the insurance system but instructed the infrastructure ministry to develop a plan Marine fuel sellers have stopped...
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