Lloyd’s Is Working With UK, Global Regulators to Implement Russia Sanctions
“Lloyd’s supports and remains focused on the delivery of a global sanctions regime against the Russian state,” Lloyd’s said.
The Financial Times reported late on Tuesday that Britain and the European Union had agreed a coordinated ban on insuring ships carrying Russian oil to shut Moscow out of the Lloyd’s insurance market.
(Reporting by Muvija M; editing by Michael Holden)
Photograph: Arctic shuttle tanker Shturman Albanov. Photo credit: Sovcomflot
Copyright 2024 Reuters. Click for restrictions.
Popular Today
- Changes at American Coastal Insurance After Florida OIR Action on ‘No-Fly List’
- Ryan Specialty Shuffling Continues; McCormack Named CEO of RT Specialty
- NY Plane Crash Kills 5 Members of Georgia Family, Including Former Insurance Analyst
- State Farm Seeking Large Rate Increases in Wildfire-Prone California