Cyber Attacks Cost Russian Companies and Citizens $49B in 2020: Sberbank December 29, 2020 By Tatiana Voronova MOSCOW – Cyber attacks have cost Russian companies and citizens up to 3.6 trillion roubles ($49 billion) this year, the...
Russia Requires Firms to Develop Financial/Insurance Contingency Plans for Oil Spills July 14, 2020 President Vladimir Putin on Monday signed legislation requiring companies involved in oil production or handling other hydrocarbons to have adequate...
World’s Automakers Face Massive Disruption from Car Sharing Phenomenon February 11, 2019 By Ilya Khrennikov When Evgeny Barkov owned a car, the 31-year-old software salesman would often look out of his Moscow window at it...
Generali Opens Representative Office in Moscow November 1, 2018 Generali opened a representative office of Generali in Moscow on Oct. 31, 2018, which the company said is an important...
Russian Industrial Plants Turn to State Reinsurer to Take More Risk after U.S. Sanctions June 15, 2018 By Denis Pinchuk and Tatiana Voronova Dozens of industrial plants in Russia have turned to the state’s reinsurance company for cover after an extension of U.S....
Russia’s Insurers May Need More State Bailouts, Says Insurance Association Chief April 6, 2018 By Tatiana Voronova and Denis Pinchuk Russia’s banking crisis and a weak economy could spell more trouble for its insurance sector, requiring further state support following...