Insurers and reinsurers could face claims as high as US$10 billion in a worst-case scenario due to the grounding of...
Russia Ukraine war News
The Russia-Ukraine war is more likely to affect the European insurance sector through second-order financial market volatility than through direct...
State-owned Bangladesh Shipping Corp. is seeking $22.4 million from its insurer for a cargo ship hit by a missile in...
Aircraft-leasing firms working to retrieve planes from Russia are set to collide with an aviation-insurance industry bracing for an unprecedented...
A new Russian law on leased aircraft showed Moscow could “confiscate” planes and such a move might help it claim...
Munich Re is joining other insurers, reinsurers and brokers that have withdrawn from business with Russia. Condemning Russia’s attack on...
Bermuda’s aviation regulator said it is suspending certification of all Russian-operated airplanes registered in the British overseas territory due to...
Russia and Belarus represent less than 1% of business transacted by Lloyd’s of London, the commercial insurance market said, adding...
Italy’s top insurer Generali, facing a power struggle over its management, said on Tuesday it posted record operating profit last...
Global insurance broker Willis Towers Watson (WTW) announced on Sunday that it will withdraw from all of its businesses in...