California Commissioner Wants Insurers to Withdraw Russian Financial Support March 14, 2022 California Insurance Commissioner Ricardo Lara on Monday issued a notice to all insurance companies doing business in the state to...
AM Best Raises Country Risk Level for Russia March 10, 2022 The insurance rating firm AM Best said it has moved its country risk tier for Russia to a CRT-5 from...
Update: Ukraine Closes Airspace to Civilian Flights as Russian Military Action Begins February 24, 2022 By Jamie Freed and Tim Hepher Ukraine closed its airspace to civilian flights on Thursday after Russia launched a land, sea and air invasion of its...
More Airlines Avoiding Ukraine Airspace Amid Insurance Issues February 14, 2022 By Jamie Freed More airlines are likely to avoid Ukraine’s airspace amid insurance issues and a decision by leading European carriers to stop...
Russian Hackers Moved Ruble-Dollar Rate at Regional Bank: Cyber-Security Firm February 9, 2016 By Jake Rudnitsky and Ilya Khrennikov Hackers used malware to penetrate the defenses of a Russian regional bank and move the ruble-dollar rate more than 15...
World Cup Insurers Face Many Claims, Disputes Over Russia, Qatar June 19, 2015 By Carolyn Cohn World Cup insurers are likely to refuse to pay out on many cancellation contracts if Russia and Qatar lose the...
Russia Will Suffer Ukraine Economic, Political Fallout for Years: Euler Hermes March 6, 2015 By Stefan Nicola Russia will suffer the economic and political fallout of the Ukraine crisis for years to come, according to Euler Hermes...
A.M. Best: Geopolitical Tensions Hit Insurers’ Prospective Growth in Russia February 12, 2015 Heightened geopolitical tensions spilling over from the Russia-Ukraine crisis, high interest and inflation rates, and low commodity prices are placing...
Generali Meets Targets Ahead of Schedule, Sheds Global Non-Core Assets November 19, 2014 By Sonia Sirletti Assicurazioni Generali SpA said it has reached most of its targets ahead of schedule after shedding non-core assets around the...
Ward Named to Head New ACE Eurasia & Africa Business Region February 27, 2014 The ACE Group announced that it has established a new business region, Eurasia & Africa, as part of its Overseas...