Latest Russia Headlines
All the headlines from our Russia Topic Page, ordered by recency.
Ratings Recap: Gulf, Unity Re, Connaught, Macau
Sep 29 2011 // A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘C++’ (Marginal) from ‘B’ (Fair) and issuer credit rating (ICR) to ‘b’ from of ‘bb+’ of Gulf Insurance...
West, Russia Divided on U.N. Security Council Climate Role
Jul 20 2011 // Western nations clashed with Russia and developing countries Wednesday over whether climate change was a security matter meriting the attention of the Security Council, the most powerful U.N. body. Diplomats said Russia...
Best Affirms SOVAG’s Ratings; Outlook Stable
Jul 18 2011 // A.M. Best Co. has affirmed the financial strength rating of ‘B++’ (Good) and the issuer credit rating of “bbb” of Germany’s SCHWARZMEER UND OSTSEE Versicherungs-Aktiengesellschaft SOVAG, both...
Europe’s Lethal E.coli Strain May be Deadliest Yet
Jun 3 2011 // More than 1,600 people have been infected by a toxic strain of E.coli bacteria that has killed at least 17 and may be the deadliest yet in human history, health officials said on Friday. Germany is at the center of the...
Russia Bans EU Vegetables Due to E.coli Fears
Jun 2 2011 // Russia banned imports of raw vegetables from the European Union on Thursday because of a deadly E.coli outbreak centered in Germany, Russian media cited the head of the consumer protection agency as saying. “A ban on...
Study Forecasts Ice Melt Will Close off Arctic’s Interior Riches
May 31 2011 // Global warming will likely open up coastal areas in the Arctic to development but close vast regions of the northern interior to forestry and mining by mid-century as ice and frozen soil under temporary winter roads melt,...
Arctic Nations Step up Cooperation on Safety, Oil Spills
May 13 2011 // Arctic nations agreed on Thursday to improve cooperation including on preventing oil spills as a thaw of ice and snow opens access to the remote region’s rich mineral and petroleum resources. The Arctic Council,...
Arctic Nations Meet to Chart Future of World’s Final Frontier
May 10 2011 // Leaders of Arctic nations will gather in Greenland this week to chart future cooperation as global warming sets off a race for oil, mineral, fishing and shipping opportunities in the world’s fragile final...
Lloyd’s Chaucer in Deal for First Russian Coverholder
Apr 6 2011 // Chaucer Syndicates Limited announced a new partnership with Nakhodka Re in Moscow and RFIB Ltd in London to launch SeaLine, as the first Lloyd’s coverholder in Russia. “Chaucer and RFIB acted as sponsors to...
Study Finds Auto Insurance and Services Add Profits for Car Makers, Dealers
Feb 16 2011 // Sales by car manufacturers and dealers of additional services to car buyers may mean the difference between profit and loss. A new study from the financial market research group Finaccord concluded that sales of...
Russia’s $3.6 Billion VTB Bank Roadshow Hooks Italy’s Generali
Feb 7 2011 // An overseas roadshow by VTB to raise some $3.6 billion got off to a solid start on Monday, lining up Italy’s Assicurazioni Generali SpA as a key shareholder in Russia’s second-largest lender. Investors are...
35 Dead, over 150 Injured by Suicide Bomber Attack on Moscow Airport
Jan 25 2011 // A suicide bomber killed at least 35 people at Russia’s busiest airport on Monday, state TV said, in an attack on the capital that bore the hallmarks of militants fighting for an Islamist state in the North Caucasus...
Firms Vulnerable In Corrupt Practices Crackdown
Jan 19 2011 // Authorities have been escalating their campaign against corruption in the last few years, resulting in a sharp spike in enforcement actions in the United States and the enactment of a new anti-bribery law in the United...
Lloyd’s Ribeiro Beats a Path to the World’s Insurance Door
Jan 18 2011 // As director of international markets for Lloyd’s of London, Jose Ribeiro has a lot of responsibilities. He took a brief time out, as he prepared for a trip to China, to tell the Insurance Journal a little bit about...
Firms At Risk As Fight Against Corrupt Practices Heats Up
Jan 10 2011 // The U.S. and U.K. Crack Down on Bribes While in Russia and China Giving Gifts Remains Common Practice Authorities have been escalating their campaign against corruption in the last few years, resulting in a sharp spike in...
Ratings: Aspen, Allianz Risk Transfer, Inter Hannover UK, Transsib Re, Jordan Insurance
Dec 23 2010 // Standard & Poor’s Ratings Services has assigned its preliminary ‘BBB+’ senior debt, preliminary ‘BBB’ subordinated debt, preliminary ‘BBB-‘ junior subordinated debt, and...
Ratings Roundup: Lemma, Russian Re, Ghana Re, International Energy
Dec 21 2010 // A.M. Best Europe – Rating Services Limited has placed under review with negative implications the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Ukraine’s...
EU Will Back Russia’s WTO Entry
Dec 8 2010 // The European Union formally backed Russia’s bid to join the World Trade Organization on Tuesday, clearing the way for Moscow to join the body in 2011, after 17 years of trying. EU Trade Commissioner Karel De Gucht...
Lloyd’s to Open Russian Office
Nov 4 2010 // Lloyd’s announced that it will open a representative office in Russia next year. The bulletin indicated that a “dedicated country manager will enable Lloyd’s to better understand and explore opportunities...
U.S. Says ‘End is in Sight” on Russia’s Bid to Join the WTO
Oct 20 2010 // Russia could join the World Trade Organization within a year after talks on Moscow’s 17-year-old bid made good progress, President Barack Obama’s senior economic adviser said on Wednesday. “We are...
