Latest Russia Headlines

All the headlines from our Russia Topic Page, ordered by recency.

Top US Ag Negotiator: Farm Exports Likely Down $1B

Oct 11 2012 // America’s top agricultural negotiator, speaking in Stuttgart, Akr., said that he expects farm exports to be down between $1 billion and $2 billion this year because of the drought.The tighter supply of grains, and...

Ratings Recap: Emirates, Sorford, BF&M, Unity Re

Sep 20 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Emirates Insurance Company P.S.C. (EIC), which is...

Russian Insurance Community Works on Implementing ACORD Standards

Aug 31 2012 // Global standards development organization ACORD announced that a coalition of major Russian insurers, including subsidiaries of Allianz and Zurich, have agreed to work together to implement its standards. “When...

Willis Exec Comments on Russia Joining WTO

Aug 30 2012 // A note from Willis Group Holdings features comments from Ann Longmore, Executive Vice President of Willis’ Executive Risks practice, who analyzes the impact(s) of Russia’s accession to the World Trade...

U.S. Exports Seen at Risk as Russia Enters WTO

Aug 23 2012 // U.S. agricultural, aircraft and other exports to Russia could suffer unless Congress passes legislation soon recognizing the former Cold War enemy is now a fellow member of the World Trade Organization, trade experts and...

Allianz Central and Eastern Europe Operations 1st Half Results

Aug 14 2012 // Allianz said its Central and Eastern Europe (CEE) operations “produced solid underlying results for the first six months of 2012 in challenging economic circumstances.” The regional companies reported total...

Time Running Out for Russia Trade Bill Says Congressman

Aug 3 2012 // Time is running out for Congress to approve a Russia trade bill before Moscow formally enters the World Trade Organization in August, potentially putting U.S. exporters at a huge disadvantage, a senior Republican lawmaker...

House Lawmakers Reach Deal on Russia Trade Pact, Rights Bill

Jul 20 2012 // The top Republican and Democrat on the House of Representatives Ways and Means Committee said on Thursday they had reached a deal to move forward on Russian trade legislation, including human rights provisions opposed by...

Heat Waves Need ‘Re-purposed’ Climate Research: Reuters Gerard Wynn

Jul 20 2012 // A major heat wave and drought has sent world grain prices sky rocketing for a second of three summers suggesting it is time to address supply through re-purposed climate research.Tackling high food prices among the leading...

Russia Backs WTO Entry; U.S. Friction Persists

Jul 19 2012 // Russia’s upper house of parliament voted on Wednesday to ratify entry into the World Trade Organization, and now only the signature of President Vladimir Putin is needed to complete the country’s 18-year bid to...

Senate Panel Approves Russia Trade, Human Rights Bill

Jul 19 2012 // The Senate Finance Committee on Wednesday unanimously approved a bill to ensure U.S. exporters share in the benefits of Russia’s accession to the World Trade Organization but also to punish Russian officials for...

Finaccord Survey Finds Growth in EU Commercial Non-life Brokerage Receipts

Jul 17 2012 // Newly released data from Finaccord, a London-based market research consultancy specializing in financial services, reveals that the market for commercial non-life insurance broking reached a value of €9.89 billion...

Best Affirms SCHWARZMEER UND OSTSEE (SOVAG) Ratings; Outlook Stable

Jul 16 2012 // A.M. Best Europe Rating Services Limited has affirmed the financial strength rating (FSR) of ‘B++’ (Good) and the issuer credit rating (ICR) of “bbb” of SCHWARZMEER UND OSTSEE...

Russian Lawmakers Ratify WTO Entry

Jul 11 2012 // Russian lawmakers voted on Tuesday to ratify accession to the World Trade Organization, bringing the world’s largest country into the club that sets global trade rules after a tortuous 18-year negotiating...

Death Toll Mounts from Floods in Southern Russia

Jul 9 2012 // The death toll from severe flooding in the Black Sea region of southern Russia has risen to at least 150 [later reports put the number of deaths at more than 170].Torrential rains dropped more than 28 centimeters (nearly a...

Best Special Report on Russia Says ‘Insurance Revolution Begins to Gain Pace’

Jun 26 2012 // A.M. Best ahs issued a special report – “Russia’s Insurance Revolution Begins to Gain Pace,” which notes that “insurance penetration is low, even when including compulsory lines such as...

Ratings Recap: Validus Re, African Re, Arab Orient, Bosna Re, SOGAZ

Jun 21 2012 // A.M. Best Co. has removed from under review with developing implications and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings of “a-” of Bermuda-based Validus Re...

UK Insurer Cancels Coverage on Russian Ship Going to Syria

Jun 20 2012 // A British company said Tuesday it has cancelled insurance for a Russian ship it says was carrying munitions to Syria – a shipment the British government says included refurbished military helicopters.U.K.-based...

Wreckage of Russian Sukhoi Plane Strewn on Indonesian Mountain

May 10 2012 // The wreckage of a Russian Sukhoi aircraft with about 50 people on board was found on Thursday strewn on a steep ridge on a mountain south of the Indonesian capital where it crashed during a demonstration flight. There were...

Business Moves

Apr 16 2012 // Peachtree, Personable HoldingsA Florida domiciled auto insurer that provides coverage to 18,000 drivers in the state and Georgia has been acquired by California equity firm looking to enter the non-standard...