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