Latest Russia Headlines
All the headlines from our Russia Topic Page, ordered by recency.
Still No Answers on Russian Plane Crashes
Aug 27 2004 // Russian authorities investigating the separate air disasters that occurred within minutes of one another on Tuesday night have so far failed to release any conclusions as to the cause(s) of the tragedy. Officially they are...
89 Reported Dead in Two Russian Plane Crashes
Aug 25 2004 // Two airliners operated by Russian companies crashed within minutes of one another late Tuesday night. All 89 persons on board the two jets, which had taken off from Moscow’s Domodedovo airport within 40 minutes of...
Coface Acquires SCOR’s Stake in Unistrat Insurance; To Start Russian Rating Service
Jun 9 2004 // Coface, the French export finance insurer, announced that it has purchased the 50 percent interest of French reinsurer SCOR in Unistrat Insurance, making it the sole owner of the company, which will be renamed Unistrat...
S&P Affirms Russia’s Country Ratings, “Despite Political Turmoil over Yukos Affair “
Nov 5 2003 // Standard & Poor’s Ratings Services announced that it has affirmed its ‘BB’ long-term foreign and ‘BB+’ long-term local currency sovereign credit ratings on the Russian Federation, as well...
S&P Rates Russian Insurer Neftepolis ‘B-‘
Oct 29 2003 // Standard & Poor’s Ratings Services announced that it has assigned its ‘B-‘ long-term counterparty credit and insurer financial strength ratings to Russian insurer oOo Strakhovaya Kompaniya...
Report Russia May Lower Entry Barriers for Insurers
Aug 19 2003 // A report from Dow Jones Newswires indicates that Russia’s Economic Ministry is seeking government backing to lower the existing barriers to entry for foreign companies in the country’s insurance market. Foreign...
AIG Member Cos. to Increase Investment Activity in Russia
Jul 30 2003 // American International Group Inc. announced the creation of a cooperative joint venture with the Interros Holding Company (Interros) of Moscow. The joint venture permits AIG companies and Interros to bring together their...
Best Assigns ‘B++’ Rating to Sovag
May 9 2003 // A.M. Best Co. announced that it has assigned a financial strength rating of B++ (Very Good) to SCHWARZMEER UND OSTSEE Versicherungs-Aktiengesellschaft SOVAG (Sovag) of Hamburg, Germany with a stable outlook. Although based...
S&P Reports Russia Ready for Insurance
Jul 23 2001 // The Russian insurance market appears ready for steady growth in the next five to 10 years according to a report by Standard & Poor’s. The announcement comes after last month’s upgrade of S&P’s...
Allianz To Buy 45% Stake In Russia’s Rosno
Jun 28 2001 // Germany’s Allianz continued its move into Eastern Europe with the announcement that it would acquire a 45 percent interest in Rosno, Russia’s third largest insurer, from its parent company AFK Sistema for an...
HOCUS POCUS
Sep 4 2000 // Magician David Copperfield filed a lawsuit against Fireman’s Fund Insurance on August 25 alleging that the insurer improperly denied a claim he filed seeking reimbursement of the $506,343 he spent to get equipment...
David Copperfield Sues Fireman’s Fund
Aug 29 2000 // Magician David Copperfield filed a lawsuit against Fireman’s Fund Insurance on August 25 alleging that the insurer improperly denied a claim he filed seeking reimbursement of the $506,343 he spent to get equipment...
