by AIP Online Bureau | Mar 8, 2022 | International News, Non-Life, Reinsurance
Many shipping firms have suspended sailings to affected Black Sea ports and other terminals in Ukraine. Insurance premiums for voyages have soared since Russia’s invasion on Feb. 24, an action Moscow calls a “special operation” Ukraine’s Maritime Administration has...
by AIP Online Bureau | Mar 7, 2022 | International News, Risk Management, Technology
In another worrying development, the regulator said that all communications have been lost with the enterprises and institutions in the port city of Mariupol that use category 1-3 radiation sources, and there is no information about their status. Such radioactive...
by AIP Online Bureau | Mar 6, 2022 | Eco/Invest/Demography, International News, Policy
Russia has banned Western airlines from Russian space. Ford has discontinued operations, but its joint venture partner still has a factory in the country. Many other automakers, including France’s Renault and Japan’s Toyota Motor Corp, have described...
by AIP Online Bureau | Mar 6, 2022 | Eco/Invest/Demography, International News, Risk Management
“Price shocks will have an impact worldwide, especially on poor households for whom food and fuel are a higher proportion of expenses,” the IMF said. “Should the conflict escalate, the economic damage would be all the more devastating. The sanctions on Russia will...
by AIP Online Bureau | Mar 5, 2022 | Eco/Invest/Demography, International News, Risk Management
“The market’s liquidity conditions have weakened this week, and were exacerbated overnight after reports of shelling to Europe’s largest nuclear plant in Ukraine,” said ING currency strategist Francesco Pesole LONDON/NEW YORK: Financial...
