All the headlines from our Russia Topic Page, ordered by recency.
Jun 7 2007 // The UK’s Royal & Sun Alliance Insurance Group has signed an agreement to acquire 50 percent of GD II – Global Direct Insurance Investments B.V. (GDI), a joint venture with Direct Insurance Financial...
Jun 7 2007 // Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on Russian insurer Ingosstrakh Insurance Co. to “BBB-” from “BB+,”...
Jun 7 2007 // Standard & Poor’s Ratings Services has revised its outlook on Russia-based insurer Neftepolis Insurance Co. LLC to positive from stable, “as a result,” said the announcement, “of closer...
May 29 2007 // RESO-GARANTIA, one of Russia’s largest insurers, announced plans to launch an initial public offering of its ordinary shares. The shares have been listed and admitted to trading on the quotation lists “V”...
May 22 2007 // Germany’s Allianz further expanded its presence in the Russian insurance market with the announcement that it has “finalized the acquisition of the P/C insurer Progress-Garant.”Allianz purchased all of...
May 21 2007 // In 1968 when the Maurice “Hank” Greenberg took over what was to become American International Group (AIG), it was an insurance agency selling other insurers’ policies around the globe. Within years, AIG...
May 7 2007 // AvivaThe U.K.-based Aviva Group announced plans to expand in Russia. One year ago, the company launched Aviva Russia, and it is now poised to enter the direct sales market with its Moscow-based direct sales force. The...
Apr 20 2007 // The UK-based Aviva Group has announced expansion plans for the Russian market, aimed at achieving “a top five position within five years.”A year ago it launched Aviva Russia, which the bulletin indicated,...
Mar 12 2007 // MarketScout, ChicagoMarketScout Corp., a Dallas, Texas-based eInsurance Exchange specializing in the distribution of property and casualty insurance products, opened a Chicago location to facilitate its growth in the...
Mar 12 2007 // Agents with the Federal Bureau of Investigation’s Art Crime Team (ACT) have located an original Norman Rockwell painting, “Russian Schoolroom,” stolen during a burglary in Clayton, Mo., in 1973. It was...
Mar 6 2007 // Agents with the Federal Bureau of Investigation’s Art Crime Team (ACT) have located an original Norman Rockwell painting, Russian Schoolroom, stolen during a late night burglary in Clayton, Missouri in 1973. It was...
Feb 21 2007 // Spain’s Sistema and Germany’s Allianz have signed a share purchase agreement, whereby Allianz becomes the major shareholder of one of Russia largest insurers ROSNO Group.In a bulletin on its web site...
Feb 14 2007 // The Zurich Financial Services Group has signed an agreement for the purchase of a majority stake in OOO NASTA Insurance Company, headquartered in Moscow, Russia.“In combination with Zurich’s existing Russian...
Dec 18 2006 // The insurance company for the Russian Orthodox Church Outside of Russia has settled a claim by a man who says he was abused as a teenager by monks at a monastery in Blanco, Texas.The settlement agreement, which included a...
Dec 15 2006 // A.M. Best Co. has assigned a financial strength rating of “C++” (Marginal) and an issuer credit rating (ICR) of “b+” to Russia’s OJSC Transsiberian Reinsurance Corporation (Transsib Re) with a...
Nov 27 2006 // Zurich Financial Services Group has established a new business unit, named Central and Eastern Europe (CEE), effective January 1, 2007. Zurich said it took the move to “better capitalize on the growth opportunities...
Aug 23 2006 // A Russian passenger jet crashed during a thunderstorm just minutes after sending a distress signal on Tuesday, killing all 170 people on board, including dozens of children.Emergency officials said preliminary information...
Jul 14 2006 // Russia’s finance minister said Russia and the United States had reached a deal on one of the key sticking points holding up an agreement on Russia’s accession to the World Trade Organization, and a final deal...
Jul 9 2006 // An Airbus 310 went out of control on landing at the Irkutsk airport early this morning, July 9 local time, crashing through a concrete wall into a building and then bursting into flames. At least 120 people are reported to...
Mar 2 2006 // Standard & Poor’s Ratings Services announced that it has raised its long-term counterparty credit and insurer financial strength ratings on Russia-based insurer Neftepolis Insurance Co. LLC to “B”...