Baltic Sea Countries to Start Checking Insurance Status of Tankers Moving Russian Oil December 17, 2024 By Ewa Krukowska, Alberto Nardelli and Sanne Wass Twelve European countries are set to clamp down on tankers that move millions of barrels of Russian petroleum around the...
The Secretive World of Russian Oil Tanker Insurance Revealed October 22, 2024 By Alex Longley One of the energy market’s open questions since Russia’s invasion of Ukraine has been who’s insuring the tankers moving Moscow’s...
EU Weighs Proposal to Sanction Russian Oil Tanker Insurer Ingosstrakh May 30, 2024 By Alberto Nardelli The European Union’s executive arm is examining the feasibility of a proposal by one of its member states to sanction...
Russia Reinsurer Backs Domestic Carriers to Get Indian Marine Insurance Permits April 26, 2024 By Nidhi Verma Russia’s state-owned reinsurer has given financial backing to three Russian insurance firms, allowing them to get Indian approval to provide...
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...
Sovcomflot’s Cargo Ships Fully Covered by Russian Insurers: CEO June 20, 2022 Russia’s state-run Sovcomflot has insured all its cargo ships with Russian insurers and the cover meets international rules, the chief...
Reuters: Russia’s State-Owned RNRC to Reinsure Russian Oil Shipments: Sources June 10, 2022 By Jonathan Saul State-controlled Russian National Reinsurance Company (RNRC) is now the main reinsurer of Russian ships, including Sovcomflot’s fleet, after Western insurance...
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...
Russia National Reinsurance Co. to Expand into China, India, Middle East & Africa September 22, 2017 By Oksana Kobzeva and Denis Pinchuk Russian National Reinsurance Co. (RNRC) aims to expand into China, India, the Middle East and Africa to increase income from...