Latest Russia Headlines
All the headlines from our Russia Topic Page, ordered by recency.
ACE Promotes Sedov as Head of Property Risk Engineering for Eurasia & Africa
Mar 17 2015 // ACE has promoted Andrey Sedov to the newly created position of head of property risk engineering for Eurasia and Africa, as the company continues to build its risk management capability for clients across its newest...
Russia Will Suffer Ukraine Economic, Political Fallout for Years: Euler Hermes
Mar 6 2015 // Russia will suffer the economic and political fallout of the Ukraine crisis for years to come, according to Euler Hermes Group, the world’s biggest trade credit insurer. Euler Hermes expects Russia’s economy to...
Aon Risk Solutions Identifies 5 Big Geopolitical Risks for 2015
Mar 4 2015 // Critical events of early 2015 – cheap oil and Middle East violence – will probably continue to take their toll as the year goes on, according to a new projection of geopolitical hotspots. Lower overall prices for...
A.M. Best: Geopolitical Tensions Hit Insurers’ Prospective Growth in Russia
Feb 12 2015 // Heightened geopolitical tensions spilling over from the Russia-Ukraine crisis, high interest and inflation rates, and low commodity prices are placing pressure on Russia’s economy and its insurance industry’s...
U.S. to Back New System Warning Airlines in Conflict Zones
Jan 23 2015 // The United States will throw its support behind a proposal by the U.N.’s aviation agency to share information about risks to commercial aircraft over conflict zones after the downing of a Malaysian jet in Ukraine...
Russian Firms Face Huge Insurance Costs as Foreign Insurers Flee
Nov 20 2014 // Russian companies face billions of dollars in extra insurance costs as Western sanctions prompt foreign insurance firms to start pulling out, worried that any business they undertake is at risk from future measures and an...
Space Station Supply Rocket That Exploded Insured for $50 Million
Oct 29 2014 // Authorities on Wednesday started investigating what made an unmanned U.S. supply rocket explode in a fireball moments after lifting off from a launch pad in Virginia, destroying supplies and equipment bound for the...
Russia Air Safety Record Near Bottom of Global League
Oct 23 2014 // Regardless of who is to blame for the death of Total’s boss at the Moscow airport favored by President Vladimir Putin, it reinforces an indisputable fact: Russia’s air-safety record is dreadful and the wave of...
Ukraine Air-Crash Probe Points to Missile Strike on Malaysia Jet
Sep 9 2014 // Malaysia Airlines Flight MH17 crashed in eastern Ukraine after being hit by “a large number of high-energy objects,” the Dutch Safety Board said in findings that appear to point to a missile attack on the...
Report: Russian Hackers Attack 5 Big Banks, Steal Customer Data
Aug 28 2014 // Russian hackers attacked JPMorgan Chase & Co. and at least four other banks this month in a coordinated assault that resulted in the loss of gigabytes of customer data, according to two people familiar with the...
Idaho Farmers Feeling Effect of Russian Ban on Ag Imports
Aug 13 2014 // Idaho farmers may feel a small sting from the new Russian ban on food and agricultural imports from the West. Russia was the 14th largest export market for Idaho agriculture as of last year, according to the Idaho...
Iranian Passenger Plane Crashes Killing 48
Aug 11 2014 // An Iranian passenger plane crashed Sunday while taking off from an airport near the capital, Tehran, killing 48 people onboard, state media reported. The aircraft, an Iran-140 typically used for short domestic flights,...
Malaysia Airlines Plane Crash Insurance May Pose Quandary
Jul 18 2014 // Insurance on the Malaysian airliner brought down over Ukraine on Thursday is likely to pay out relatively quickly, provided that the cause of the crash is firmly determined, but observers say the loss of of 295 lives...
Zurich Insurance to Take $300 Million Loss on Russian Unit Sale
Jul 3 2014 // Zurich Insurance Group AG, the largest Swiss insurer, said the sale of its Russian retail unit will lead to an estimated loss of about $300 million. The insurer said it is selling the business to Moscow-based Olma Group...
Tsunami Bulletin Issued Following Alaska Quake
Jun 23 2014 // A magnitude 8.0 earthquake triggered a tsunami warning for Alaska on Monday, according to a National Weather Service alert. The quake was located in the Rat Islands, which are part of the Aleutian Island chain. NWS said...
Vienna Insurance Stays Out of Russia as Acquisition Targets Rare
Jun 2 2014 // Vienna Insurance Group AG (VIG), Eastern Europe’s biggest insurer, said it won’t expand into Russia even as the number of acquisition targets in other parts of the region shrink. VIG, which is based in the...
Independent Insurance Agents Find Some Pundits, Politicians in Washington Agree
Apr 13 2014 // News flash: a conservative and a liberal in Washington agree — on quite a few matters, in fact. Before an audience of independent insurance agents last Friday, conservative commentator Tucker Carlson and liberal...
Aon’s New Political Risk Map Highlights ‘BRICS’ Increased Risks
Apr 11 2014 // Aon Risk Solutions, the global risk management business of Aon plc, has unveiled its 2014 Political Risk Map, which identifies an increased risk rating for all five emerging market BRICS countries. Aon noted that “as...
IMF Sees Global Growth Gaining Along with Rising Risks in Emerging Economies
Apr 8 2014 // The International Monetary Fund on Tuesday predicted the global recovery would strengthen this year as output in richer nations picked up, but it warned of rising risks in emerging economies. In its latest global economic...
U.S. Approves JPMorgan Release of Funds to Sanctioned Russian Insurer
Apr 3 2014 // JPMorgan Chase & Co. is unfreezing a money transfer from a Russian embassy in Central Asia to an insurer linked to U.S.-sanctioned bank after getting a go-ahead from regulators. “Following consultation with our...
