Latest Russia Headlines
All the headlines from our Russia Topic Page, ordered by recency.
Marsh’s Advice on Political Risk Market Concerns over Russia, Ukraine Turmoil
Mar 12 2014 // “Insurer concern over the political unrest and country credit ratings in Ukraine and potential sanctions in Russia have caused some to effectively stop underwriting political risk insurance in those two...
Olympics: What Do You Do with a Mountain Resort with Games Gone?
Feb 25 2014 // Stanislav Kuznetsov has a headache like no other: it measures 780,000 square metres and covers a large expanse of Russian mountainside. The Gorky Gorod resort in the snowy Caucasus peaks above Sochi was packed during the...
Willis Blog Writer Holt Warns of ‘Black Widows’ Threat at Sochi Games
Feb 6 2014 // “A number of ‘black widow’ suicide bombers – the wives of militants killed by Russian security forces – may already be within the ‘ring of steel’ at the upcoming winter Olympics in...
China, India, Brazil Join U.S. As Among Biggest Contributors to Global Warming
Jan 17 2014 // China, India and Brazil — three of the largest developing nations— joined the U.S. in a list of the biggest historical contributors to global warming, according to a study by researchers in Canada. Seven nations...
Second Suicide Bomber in Russia’s Volgograd Kills 14 on Bus
Dec 31 2013 // A bomb ripped a bus apart in Volgograd on Monday, killing 14 people in the second deadly attack blamed on suicide bombers in the southern Russian city in 24 hours and raising fears of Islamist attacks on the Winter...
Arctic Ship Route May be Safer with Anglo-Russian Radio Waves
Nov 7 2013 // The perils of the new Arctic shipping route, warmed by climate change, may diminish with a British-Russian radio navigation initiative, under development to shore up vulnerable satellite-based alternatives. The British...
Icebergs, Insurance Hamper Top of the World Shipping Route
Oct 16 2013 // The new shipping route opened up through the Arctic by climate change will not be crowded any time soon. Cargoes of coal, diesel and gas have made the trip but high insurance costs, slow going and strict environmental...
Cyber Alert: Syria, Aided by Iran, Could Retaliate Against More U.S. Companies
Aug 28 2013 // If the United States attacks Syria, it will be the first time it strikes a country that is capable of waging retaliatory cyberspace attacks on American targets. The risk is heightened by Syria’s alliance with Iran,...
BP Sees No Quick Settlement in Oil Spill Case; Latest Cost Estimate at $42.4B
Jul 30 2013 // BP is digging in for a long legal battle over the Gulf of Mexico oil spill, Chief Executive Bob Dudley said on Tuesday after compensation costs soared for a second straight quarter. The payouts, the scale of which BP is...
Ratings Roundup: ACE Seguros, SOVAG, Polish Re, CCR (Algeria)
Jul 19 2013 // A.M. Best Co. has assigned a financial strength rating of ‘A’ (Excellent) and an issuer credit rating of “a” to ACE Seguros S.A., which is based in Panama. Its ultimate parent is ACE Limited, now...
Ratings Roundup: AEGIS, SOGAZ, African Re, Delvag
Jun 26 2013 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Bermuda-based Associated Electric & Gas Insurance Services Limited (AEGIS), and...
CEOs Urge Russia President to Seek More Open Trade Ahead of G20 Summit
Jun 21 2013 // CEOs from the G20 Advisory Group of the International Chamber of Commerce (ICC) met in Saint Petersburg with more than 400 other business leaders and top government officials, including Russian President Vladimir...
Russia Challenges Consensus Rule at Heart of U.N. Climate Talks
Jun 17 2013 // It was a historic moment in U.N. climate talks: with most countries in favor and only a group of OPEC members objecting, the German environment minister chairing the conference banged down her gavel to launch negotiations...
Whom Does the Beach House Bailout Benefit? Hedge Funds, Venezuelan Expats, Russian Oligarchs
Jun 13 2013 // With Sen. Bill Nelson, D-Fla., expected any day now to reintroduce his proposal to have federal taxpayers backstop the risk of state catastrophe funds, it bears examining just who it is that would benefit from the cheaper...
Lower Ice Levels, Rule Changes to Boost Arctic Northern Sea Route
May 30 2013 // Shipping along the Arctic northern sea route is set to grow more than 30-fold over the next eight years and could account for a quarter of the cargo traffic between Europe and Asia by 2030, experts said on Wednesday. With...
Emerging Powers China, Brazil Move Closer to Non-Dollar Trade Pact
Mar 27 2013 // China and Brazil agreed on Tuesday to swap up to the equivalent of $30 billion in each other’s currencies if need be so that their fast-growing commercial ties will not suffer if a new banking crisis causes dollar...
BRICS to Endorse Plans for Reserves Pool, Development Bank
Mar 22 2013 // Leaders of the world’s major emerging economies are likely to endorse plans at a summit next week to create a joint foreign exchange reserves pool and an infrastructure bank, senior emerging market officials said on...
Russia Rebuffs Cyprus Aid; EU Awaits Bailout ‘Plan B’
Mar 22 2013 // Cyprus’ finance minister left Moscow empty-handed on Friday after Russia turned down appeals for aid, leaving the island to strike a bailout deal with the European Union before Tuesday or face the collapse of its...
Aon Benfield February Cat Report:U.S. Winter Storms; Russian Meteor
Mar 6 2013 // Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has released the latest edition of its monthly Global Catastrophe Recap report, which reviews the natural disasters that occurred...
Meteor Blast Impacts Russia: AIR Analysis; Insurance Coverage?
Feb 18 2013 // A report from catastrophe modeling firm AIR Worldwide analyzes the factors involved and the damages produced over the Russian city of Chelyabinsk (population: 1 million) on Friday, February 15. In a rare event a meteor...
