Latest Russia Headlines
All the headlines from our Russia Topic Page, ordered by recency.
Lloyd’s Ribeiro Beats a Path to the World’s Insurance Door
Jan 18 2011 // As director of international markets for Lloyd’s of London, Jose Ribeiro has a lot of responsibilities. He took a brief time out, as he prepared for a trip to China, to tell the Insurance Journal a little bit about...
Firms At Risk As Fight Against Corrupt Practices Heats Up
Jan 10 2011 // The U.S. and U.K. Crack Down on Bribes While in Russia and China Giving Gifts Remains Common Practice Authorities have been escalating their campaign against corruption in the last few years, resulting in a sharp spike in...
Ratings: Aspen, Allianz Risk Transfer, Inter Hannover UK, Transsib Re, Jordan Insurance
Dec 23 2010 // Standard & Poor’s Ratings Services has assigned its preliminary ‘BBB+’ senior debt, preliminary ‘BBB’ subordinated debt, preliminary ‘BBB-‘ junior subordinated debt, and...
Ratings Roundup: Lemma, Russian Re, Ghana Re, International Energy
Dec 21 2010 // A.M. Best Europe – Rating Services Limited has placed under review with negative implications the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Ukraine’s...
EU Will Back Russia’s WTO Entry
Dec 8 2010 // The European Union formally backed Russia’s bid to join the World Trade Organization on Tuesday, clearing the way for Moscow to join the body in 2011, after 17 years of trying. EU Trade Commissioner Karel De Gucht...
Lloyd’s to Open Russian Office
Nov 4 2010 // Lloyd’s announced that it will open a representative office in Russia next year. The bulletin indicated that a “dedicated country manager will enable Lloyd’s to better understand and explore opportunities...
U.S. Says ‘End is in Sight” on Russia’s Bid to Join the WTO
Oct 20 2010 // Russia could join the World Trade Organization within a year after talks on Moscow’s 17-year-old bid made good progress, President Barack Obama’s senior economic adviser said on Wednesday. “We are...
Best’s London Briefing Highlights Challenges for Europe’s Insurers
Oct 20 2010 // “2011 will be another challenging year,” said Roger Sellek, the CEO of A.M. Best Europe – Rating Services Limited, at the rating agency’s annual review of the state of Europe’s insurance...
Lloyd’s CFO Comments on Lower Profits, Investments, Russia Office
Sep 29 2010 // As Lloyd’s published its first half results, Luke Savage, the chief financial officer, had a busy day on Tuesday. But he spoke briefly with Insurance Journal on some of the issues the report on the first half...
Lloyd’s Sees Record Claims, Continued Pricing Decline; Considers Russia Office
Sep 28 2010 // The Lloyd’s of London insurance market revealed that record claims from disasters including the Chilean earthquake and U.S. oil spill halved its profits, and said it saw no respite from a steady decline in...
Extreme Weather Seen Unlikely to Help Climate Talks
Aug 17 2010 // Extreme weather in 2010 will spur more strident calls for action to combat global warming but is unlikely to break a deadlock at U.N. climate talks about sharing the burden between rich and poor. Islamabad, for instance,...
Scientists Downplay Health Risks of Fires Near Chernobyl Nuclear Plant
Aug 15 2010 // Fears that fires scorching forests polluted by Chernobyl fallout may propel dangerous amounts of radioactivity into the air are overblown, scientists say, and the actual health risks are very small. Even firefighters...
Pakistan Floods, Russia Heat Fit Climate Trend, Scientists Say
Aug 10 2010 // Devastating floods in Pakistan and Russia’s heatwave match predictions of extremes caused by global warming even though it is impossible to blame mankind for single severe weather events, scientists say. This year is...
Russian Troops Dig Canal to Keep Fires from Nuclear Plant
Aug 9 2010 // Russian troops dug a 8-km (5-mile) long canal to keep fires caused by a record heatwave away from a nuclear arms site, local media said on Saturday as air pollution from the crisis rose to more than six times above...
Moscow Choked by Wildfire Smoke, Heatwave; Villages Burn; Planes Diverted
Aug 6 2010 // Dense clouds of acrid smoke from peat and forest fires choked Russia’s capital on Friday, seeping into homes and offices, diverting planes and prompting exhausted Muscovites to wear surgical masks to filter the foul...
Russia Declares Emergency as Wildfires Kill 40, Displace Thousands
Aug 3 2010 // Russia’s leaders declared a state of emergency on Monday in seven provinces and ordered authorities to guard weapons storage facilities from wildfires that have killed at least 40 people. Thousands more have lost...
July’s Catastrophes Cause Widespread Losses Globally: Aon Benfield
Aug 3 2010 // Floods in Pakistan and China have taken thousands of lives and damaged hundreds of thousands of homes, according to a new report on catastrophic events in July by a reinsurance team. A European heatwave, wildfires in...
Coface Receives Russian License; Aims to Be European Rating Agency
Jun 10 2010 // Credit insurer Coface announced from its Paris headquarters that the Russian state authority for insurance (FSSN) has granted a license to its subsidiary “ZAO Coface Rus Insurance Company” based in Moscow....
Pickering to Head Willis Russia, E. Europe, M.East, So. Africa Operations
May 27 2010 // Willis Group Holdings has appointed Scott Pickering as CEO, Russia, Eastern Europe, the Middle East and South Africa, effective immediately. He will be based in the Al Futtaim Willis office in Dubai and will report to...
Russia Releases Captured Tanker Pirates
May 7 2010 // Russia has released pirates who hijacked an oil tanker in the Gulf of Aden because there are no legal grounds to prosecute them in Moscow, a Defense Ministry official said on Friday. The decision reverses a plan to bring...
