Latest Russia Headlines

All the headlines from our Russia Topic Page, ordered by recency.

AXA to Buy 36.7 % Stake in Russia’s RESO

Dec 27 2007 // France’s AXA Group announced that it has reached an agreement with the shareholders of Russia’s second largest insurance agent network, Reso Garantia (RESO), to acquire a 36.7 percent stake in the company for a...

Despite Firefighting Prowess, the Russians Aren’t Coming

Dec 23 2007 // Global firefighter claims U.S. Forest Service stonewalls on Russian aid while U.S. wildfires burn While the Southeast’s largest wildfire in over a century was still smoldering in Georgia after burning 903 square...

Russian Insurer NASTA to Operate under Zurich Brand Name

Dec 20 2007 // Zurich Financial Services Group announced that OOO NASTA Insurance Company will operate under the global Zurich brand and the name Zurich Retail Insurance Company Ltd. in line with Zurich’s global “One brand,...

Best Upgrades Company Ratings after Country Risk Methodology Review

Dec 14 2007 // A.M. Best Co. announced that it has upgraded the ratings of a nember of companies -l isted below – following a review of the application of its country risk methodology within the rating process. Best explained that...

Ratings Recap: Russian Re, KAMP RE, Arab Group, NIPPONKOA (Asia), Tapiola

Dec 12 2007 // A.M. Best Co. has assigned a financial strength rating of ‘B+’ (Good) and an issuer credit rating of “bbb-” to Russian Reinsurance Company with a stable outlook. “The ratings reflect Russian...

Snapshot on Russia Insurance Issued by Research & Markets

Oct 29 2007 // Research and Markets announced the addition of “Snapshots Russia Insurance 2007” to their offering as part of the research firm’s “Snapdata” series. Snapdata’s Snapshots Russia Insurance...

Despite firefighting prowess, the Russians aren’t coming

Aug 6 2007 // Global firefighter claims U.S. Forest Service stonewalls on Russian aid while U.S. wildfires burn While the Southeast’s largest wildfire in over a century was still smoldering in Georgia after burning 903 square...

Despite firefighting prowess, the Russians aren’t coming

Aug 6 2007 // While the Southeast’s largest wildfire in over a century was still smoldering in Georgia after burning 903 square miles, a fresh conflagration reared its ugly head in California and an American pilot from Virginia...

Despite firefighting prowess, the Russians aren’t coming

Aug 6 2007 // While the Southeast’s largest wildfire in over a century was still smoldering in Georgia after burning 903 square miles, a fresh conflagration reared its ugly head in California and an American pilot from Virginia...

Fires Rage Out of Control in Greece

Jul 27 2007 // Massive fires raged out of control across Greece on Thursday, after killing three people overnight in the south, burning through villages and forests and stretching firefighting services to the limit. Greek Prime Minister...

Despite firefighting prowess, the Russians aren’t coming

Jul 23 2007 // While the Southeast’s largest wildfire in over a century was still smoldering in Georgia after burning 903 square miles, a fresh conflagration reared its ugly head in California, and an American pilot from Virginia...

Despite firefighting prowess, the Russians aren’t coming

Jul 23 2007 // While the Southeast’s largest wildfire in more than a century was still smoldering in Georgia after burning 903 square miles, a fresh conflagration reared its ugly head in California, and an American pilot from...

S&P Report Analyzes Bancassurance in Europe, U.S., Russia

Jul 6 2007 // Standard & Poor’s Ratings Services has issued a new report -“Bancassurance Approaches Employed In Europe, The U.S., And Russia: Similarities And Differences-” that analyzes the sector in those...

R&M Releases ‘Snapshots: Russia Voluntary Insurance 2007’

Jun 26 2007 // Dublin-based Research and Markets has added a new study -“Snapshots Russia Voluntary Insurance 2007” – to their offering, as part of the firm’s “Snapdatas Financial Services industry...

Ratings: Kamp Re, Allianz (Russia)

Jun 20 2007 // Standard & Poor’s Ratings Services said that its ‘CC’ senior secured debt rating on KAMP RE 2005 Ltd.’s $190 million floating-rate principal-at-risk notes are remaining on CreditWatch with...

R&SA Inks New Eastern Europe Deal

Jun 7 2007 // The UK’s Royal & Sun Alliance Insurance Group has signed an agreement to acquire 50 percent of GD II – Global Direct Insurance Investments B.V. (GDI), a joint venture with Direct Insurance Financial...

S&P Upgrades Russia’s Ingosstrakh to ‘BBB-‘; Outlook Stable

Jun 7 2007 // Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on Russian insurer Ingosstrakh Insurance Co. to “BBB-” from “BB+,”...

S&P Raises Neftepolis Outlook to Positive; Affirms ‘B+’ Ratings

Jun 7 2007 // Standard & Poor’s Ratings Services has revised its outlook on Russia-based insurer Neftepolis Insurance Co. LLC to positive from stable, “as a result,” said the announcement, “of closer...

Russia’s RESO to Launch IPO

May 29 2007 // RESO-GARANTIA, one of Russia’s largest insurers, announced plans to launch an initial public offering of its ordinary shares. The shares have been listed and admitted to trading on the quotation lists “V”...

Allianz Acquires Russian P/C Insurer

May 22 2007 // Germany’s Allianz further expanded its presence in the Russian insurance market with the announcement that it has “finalized the acquisition of the P/C insurer Progress-Garant.” Allianz purchased all of...