India Approves More Russian Insurers to Provide Marine Cover May 13, 2025 By Nidhi Verma India has approved three Russian insurers, including a unit of top lender Sberbank, to provide marine cover to ships arriving...
More Russian Insurers Seek Indian Nod for Oil Tanker Coverage April 25, 2025 By Rakesh Sharma Four new Russian companies have sought India’s approval to provide insurance for crude oil tankers docking at ports in the...
India Widens Approvals for Russian Insurers After Oil Sanctions January 23, 2025 By Rakesh Sharma India widened backing for Russian insurers as the largest buyer of Moscow’s seaborne crude strives to keep discounted barrels flowing,...
Russian Insurer Says US Sanctions Against it Increase Risk of Environmental Disaster January 14, 2025 Russian insurance company Ingosstrakh said on Friday [Jan. 10] that U.S. sanctions against it would increase the risk of environmental...
Russian Insurers Play Growing Role in Facilitating Oil Exports to Top Buyer India September 18, 2024 By Nidhi Verma and Gleb Stolyarov Russian insurers are playing a growing role facilitating the country’s oil shipments to India, its biggest buyer, data obtained from...
Russian Court Orders Volkswagen to Pay $193M in Damages to Russian Carmaker July 9, 2024 A Russian court has ordered Volkswagen to pay 16.9 billion roubles ($193 million) in damages to Russian carmaker GAZ Group,...
Lukoil Buys Into AIG’s Former Russian Subsidiary April 20, 2023 Russia’s second-largest oil producer Lukoil has bought into insurance company GARDIA, a former subsidiary of AIG, one of the world’s...
Russian State-Owned Bank VTB Hit by Massive Distributed-Denial-of-Service Attack December 6, 2022 Russia’s No. 2 bank VTB was hit by the largest cyber attack in its history, it said on Tuesday, warning...
Russian E-commerce Firm Ozon Assesses Damages After Massive Warehouse Fire August 5, 2022 MOSCOW – Russian e-commerce company Ozon said on Thursday it was still assessing the economic damage from a huge fire...
State-Controlled RNRC Says It Now Covers Nearly All Russian Reinsurance July 1, 2022 State-controlled Russian National Reinsurance Co. (RNRC) is covering nearly all reinsurance of domestic business, its president said on Friday, as...