Latest Russia Headlines

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

Lloyd’s Chaucer in Deal for First Russian Coverholder

Apr 6 2011 // Chaucer Syndicates Limited announced a new partnership with Nakhodka Re in Moscow and RFIB Ltd in London to launch SeaLine, as the first Lloyd’s coverholder in Russia.“Chaucer and RFIB acted as sponsors to...

Study Finds Auto Insurance and Services Add Profits for Car Makers, Dealers

Feb 16 2011 // Sales by car manufacturers and dealers of additional services to car buyers may mean the difference between profit and loss. A new study from the financial market research group Finaccord concluded that sales of...

Russia’s $3.6 Billion VTB Bank Roadshow Hooks Italy’s Generali

Feb 7 2011 // An overseas roadshow by VTB to raise some $3.6 billion got off to a solid start on Monday, lining up Italy’s Assicurazioni Generali SpA as a key shareholder in Russia’s second-largest lender.Investors are...

35 Dead, over 150 Injured by Suicide Bomber Attack on Moscow Airport

Jan 25 2011 // A suicide bomber killed at least 35 people at Russia’s busiest airport on Monday, state TV said, in an attack on the capital that bore the hallmarks of militants fighting for an Islamist state in the North Caucasus...

Firms Vulnerable In Corrupt Practices Crackdown

Jan 19 2011 // Authorities have been escalating their campaign against corruption in the last few years, resulting in a sharp spike in enforcement actions in the United States and the enactment of a new anti-bribery law in the United...

Lloyd’s Ribeiro Beats a Path to the World’s Insurance Door

Jan 18 2011 // As director of international markets for Lloyd’s of London, Jose Ribeiro has a lot of responsibilities. He took a brief time out, as he prepared for a trip to China, to tell the Insurance Journal a little bit about...

Firms At Risk As Fight Against Corrupt Practices Heats Up

Jan 10 2011 // Authorities have been escalating their campaign against corruption in the last few years, resulting in a sharp spike in enforcement actions in the United States and the enactment of a new anti-bribery law in the United...

Ratings: Aspen, Allianz Risk Transfer, Inter Hannover UK, Transsib Re, Jordan Insurance

Dec 23 2010 // Standard & Poor’s Ratings Services has assigned its preliminary ‘BBB+’ senior debt, preliminary ‘BBB’ subordinated debt, preliminary ‘BBB-‘ junior subordinated debt, and...

Ratings Roundup: Lemma, Russian Re, Ghana Re, International Energy

Dec 21 2010 // A.M. Best Europe – Rating Services Limited has placed under review with negative implications the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Ukraine’s...

EU Will Back Russia’s WTO Entry

Dec 8 2010 // The European Union formally backed Russia’s bid to join the World Trade Organization on Tuesday, clearing the way for Moscow to join the body in 2011, after 17 years of trying.EU Trade Commissioner Karel De Gucht and...

Lloyd’s to Open Russian Office

Nov 4 2010 // Lloyd’s announced that it will open a representative office in Russia next year.The bulletin indicated that a “dedicated country manager will enable Lloyd’s to better understand and explore opportunities...

U.S. Says ‘End is in Sight” on Russia’s Bid to Join the WTO

Oct 20 2010 // Russia could join the World Trade Organization within a year after talks on Moscow’s 17-year-old bid made good progress, President Barack Obama’s senior economic adviser said on Wednesday.“We are...

Best’s London Briefing Highlights Challenges for Europe’s Insurers

Oct 20 2010 // “2011 will be another challenging year,” said Roger Sellek, the CEO of A.M. Best Europe – Rating Services Limited, at the rating agency’s annual review of the state of Europe’s insurance...

Lloyd’s CFO Comments on Lower Profits, Investments, Russia Office

Sep 29 2010 // As Lloyd’s published its first half results, Luke Savage, the chief financial officer, had a busy day on Tuesday. But he spoke briefly with Insurance Journal on some of the issues the report on the first half...

Lloyd’s Sees Record Claims, Continued Pricing Decline; Considers Russia Office

Sep 28 2010 // The Lloyd’s of London insurance market revealed that record claims from disasters including the Chilean earthquake and U.S. oil spill halved its profits, and said it saw no respite from a steady decline in...

Extreme Weather Seen Unlikely to Help Climate Talks

Aug 17 2010 // Extreme weather in 2010 will spur more strident calls for action to combat global warming but is unlikely to break a deadlock at U.N. climate talks about sharing the burden between rich and poor.Islamabad, for instance,...

Scientists Downplay Health Risks of Fires Near Chernobyl Nuclear Plant

Aug 15 2010 // Fears that fires scorching forests polluted by Chernobyl fallout may propel dangerous amounts of radioactivity into the air are overblown, scientists say, and the actual health risks are very small.Even firefighters...

Pakistan Floods, Russia Heat Fit Climate Trend, Scientists Say

Aug 10 2010 // Devastating floods in Pakistan and Russia’s heatwave match predictions of extremes caused by global warming even though it is impossible to blame mankind for single severe weather events, scientists say.This year is...

Russian Troops Dig Canal to Keep Fires from Nuclear Plant

Aug 9 2010 // Russian troops dug a 8-km (5-mile) long canal to keep fires caused by a record heatwave away from a nuclear arms site, local media said on Saturday as air pollution from the crisis rose to more than six times above...

Moscow Choked by Wildfire Smoke, Heatwave; Villages Burn; Planes Diverted

Aug 6 2010 // Dense clouds of acrid smoke from peat and forest fires choked Russia’s capital on Friday, seeping into homes and offices, diverting planes and prompting exhausted Muscovites to wear surgical masks to filter the foul...