Seven Taiwanese Insurers Have Not Received Russian Eurobond Payments: Regulator June 28, 2022 Taiwan’s financial regulator said on Tuesday that seven Taiwanese insurance companies have not received interest due on May 27 on...
Russia Defaults on Foreign-Currency Debt for 1st Time in More Than a Century June 27, 2022 By Giulia Morpurgo and Libby Cherry Russia defaulted on its foreign-currency sovereign debt for the first time in a century, the culmination of ever-tougher Western sanctions...
Allianz to Retain 49.9% Stake in Russian Operations After Sale to Interholding June 3, 2022 The insurer Allianz said on Friday it would sell a majority stake in its Russian operations to the owner of...
EU Poised to Approve Sanctions Against Russia, Covering Oil, Banks and Insurance June 1, 2022 By Alberto Nardelli and Ewa Krukowska European Union ambassadors are set to approve a sixth package of sanctions over Moscow’s invasion of Ukraine, banning most Russian...
EU to Weaken Russia Oil Sanctions, but Keeps Plan to Prohibit Insurance of Shipments May 9, 2022 By Nikos Chrysoloras, Alberto Nardelli and Ewa Krukowska The European Union is set to soften its sanctions package on Russian oil exports after a weekend of wrangling, though...
EU Seeks to Target Russia’s Global Oil Exports With Insurance, Services Ban May 4, 2022 By Nikos Chrysoloras, Alberto Nardelli, Alex Longley and Alaric Nightingale The European Union is seeking to go beyond an import ban on Russian crude, targeting insurers in a move that...
Medical Gear Deliveries to Russia Hit by Sanctions-Related Insurance, Transport Hurdles April 21, 2022 By Francesco Guarascio Exports of essential medical devices Russia is dependent upon from the West have been partly restored, reducing the immediate risk...
Russia Credit Insurance Signals Record 99% Chance of Default Within Year April 7, 2022 By Laura Benitez The cost of insuring Russia’s government debt surged to signal a record 99% chance of default within the year after...
Russia Arrests Top Cyber Security Exec, Sending Shockwaves in Business Community October 1, 2021 MOSCOW (AP) – Russian authorities have arrested an executive of a top cyber-security company on the charges of high treason,...
Russia’s Renaissance Insurance Plans to Raise Up to $290M in IPO on Moscow Exchange September 27, 2021 By Andrey Ostroukh Renaissance Insurance Group said on Monday it plans to list its shares on the Moscow Exchange and raise up to...