All the headlines from our Ukraine Topic Page, ordered by recency.
Apr 8 2022 // AIG, one of the world’s biggest commercial insurers, is considering cutting cover for Russia and Ukraine, to shield itself from the risk of hefty claims as sanctions ratchet up and the war drags on, an insurance...
Apr 6 2022 // A Dominica-flagged cargo ship sank on Tuesday in the besieged southern Ukrainian port city of Mariupol after being targeted by Russian missile strikes, the vessel’s flag registry said.The Azburg was believed to have...
Apr 4 2022 // The Russian invasion of Ukraine may result in cyberattacks causing widespread and severe losses in Ukraine and beyond.Even before the current invasion, some Russian cyberattacks aimed at Ukraine spread to other nations....
Apr 1 2022 // Ukraine, a major producer of grain, oilseeds and steel products, will guarantee insurance payments to cargo vessels damaged in hostilities on its stretch of the Danube, according to the government decision published on...
Apr 1 2022 // Global insurance losses from the Russia-Ukraine war could range from $16 billion to $35 billion, with reinsurers expected to assume 50% of those claims, according to a report published by S&P Global Ratings.While...
Mar 31 2022 // The Ukrainian government has asked international marine insurers to stop all dealings with shipping companies carrying Russian fossil fuels in a bid to intensify pressure on Vladimir Putin’s regime.Oleg Ustenko,...
Mar 31 2022 // Insurers face potential multi-billion dollar claims for cyber attacks related to Russia’s invasion of Ukraine, despite policy wording designed to get them off the hook for war, industry sources say.Following the Feb....
Mar 30 2022 // Zurich Insurance said it has removed the letter “Z” from its social media branding as a result of Russia’s use of the letter during its war in Ukraine.“The Zurich brand has been around for 150...
Mar 30 2022 // Aircraft leasing firms are tallying up losses stemming from Russia’s invasion of Ukraine, according to the head of Avolon Holdings Ltd., one of the biggest players in the industry.Lessors are in dialogue with...
Mar 29 2022 // Russian airlines could be frozen out of the aircraft leasing market well beyond the Ukraine conflict, one of the industry’s biggest players warned on Tuesday, blaming what executives have described as a default...
Mar 25 2022 // The Russian invasion of Ukraine may result in cyberattacks causing widespread and severe losses, in those nations and beyond.Even before the current invasion, some Russian cyberattacks aimed at Ukraine spread to other...
Mar 24 2022 // Lloyd’s, the world’s leading insurance and reinsurance marketplace, announced “a strong return to profitability” in its 2021 full year financial results, with an overall profit of £2.3 billion...
Mar 22 2022 // The Russia-Ukraine war is more likely to affect the European insurance sector through second-order financial market volatility than through direct effects from sanctions, according to Fitch Ratings.The rating agency...
Mar 21 2022 // State-owned Bangladesh Shipping Corp. is seeking $22.4 million from its insurer for a cargo ship hit by a missile in March, government officials with knowledge of the talks said, in the first major marine insurance claim...
Mar 18 2022 // Broker CAC Specialty said the representations and warranties insurance (RWI) market has tightened significantly in Russia, Ukraine, and other impacted regions with some underwriters outright denying coverage.“For...
Mar 16 2022 // Powered by InsuranceJournal.tvSince Russia launched a full-scale military invasion of Ukraine on February 24, questions have resurfaced about the likelihood of a global cyber war. While experts say there isn’t a...
Mar 16 2022 // Since the start of the war in Ukraine, the number of cyber incidents in the U.S. has increased, and underwriters will need to adapt, according to a panel of experts at the PLUS Cyber Symposium.“There’s no doubt...
Mar 11 2022 // A Ukrainian man charged last year with conducting one of the most severe ransomware attacks against U.S. targets has been extradited to the United States and made a court appearance on Wednesday, the U.S. Justice...
Mar 10 2022 // Although insurance penetration in Ukraine and Russia is low, global insurers will face secondary impacts from greater financial market volatility and higher energy prices, Moody’s Investors Services said last week.In...
Mar 9 2022 // London’s marine insurance market has widened the area of waters around the Black Sea and Sea of Azov that it deems high risk as Russia’s invasion of Ukraine intensifies and perils to merchant shipping grow.The...