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Broker McGill Offers Property War Reinsurance for Ukraine

Jan 9 2025 // Broker McGill and Partners has launched a commercial property war risk reinsurance program for Ukraine, which it said on Thursday was the first of its kind since Russia’s invasion of the country in Feb 2022.Companies...

Ukraine Identifies Tankers It Says Are in Russia’s Shadow Oil Fleet

Dec 13 2024 // Ukraine identified 238 tankers it said belong to a shadow fleet of ships that Russia is using to keep its oil and fuels moving around the world — with a view to western authorities sanctioning the carriers.The Military...

Aon and EBRD Launch €110M Facility to Provide Cover for War-Related Risks in Ukraine

Dec 12 2024 // Insurance broker Aon and the European Bank for Reconstruction and Development (EBRD) have structured a €110 million (US$115.6 million) facility to provide reinsurance capacity for international reinsurers and Ukrainian...

Russian Missile Hits Fourth Cargo Ship in Ukraine This Month

Oct 15 2024 // A Russian missile hit a fourth cargo ship in Ukraine this month, as the Kremlin ramps up its attacks on Kyiv’s trade infrastructure.A grain storage facility at Odesa port was attacked on Monday, killing one person...

Russian Strikes on Ukraine’s Ports Push Up Insurance Rates: Market Sources

Oct 10 2024 // A series of Russian missile strikes on Ukrainian Black Sea port infrastructure and commercial vessels has led to a jump in insurance costs and forced some shipowners to cancel bookings, insurance sources and a broker said...

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