Latest Ukraine Headlines
All the headlines from our Ukraine Topic Page, ordered by recency.
Ukraine Crop-Handling Port Damaged in Russian Attacks, Adding to Farm Sector Losses
Jun 24 2022 // Infrastructure owned by two major agriculture traders was damaged in Russian attacks at one of the biggest crop-handling ports in Ukraine, adding to the mounting losses suffered by its farm sector. Rocket strikes on the...
Ukraine Grain Shippers Carve Out Alternative Export Routes via Baltic Sea
Jun 17 2022 // Ukrainian grain shippers have carved out a fresh export route — via the Baltic Sea — to send their crops abroad. The country has been hunting for alternative paths for its crops as the war with Russia cuts off...
Ukraine’s Farming Industry Suffers $4.3 Billion in Damage From Russia’s Invasion
Jun 16 2022 // Ukraine has suffered $4.3 billion in damage to farmland, machinery and livestock as a result of Russia’s invasion, according to the Kyiv School of Economics. About half of the “already immense”...
Satellite Images Reveal Extensive Damage at Major Ukraine Crop Port
Jun 16 2022 // The extent of the damage to one of the biggest agricultural complexes in Ukraine earlier this month was confirmed by satellite images. The Nika-Tera complex, which was opened in 2011 was rendered “unusable”...
Black Sea Mine Removal Needed Before Ukraine Grain Can Be Shipped, Insurers Return
Jun 13 2022 // As the United Nations tries to broker a path for grain from Ukraine and temper worries about a global food crisis, hundreds of mines laid along the Black Sea present a practical nightmare that will take months to resolve...
Removing Russian Sea Mines Near Key Ukraine Ports Could Take Months: U.N.
Jun 9 2022 // Removing sea mines near Ukraine’s key ports could take months, and hundreds of seafarers are still stranded in the region following Russia’s invasion of the country, according to the United Nations agency...
Ukraine Relocates Businesses From War Front to Protect Vital Producers
Jun 6 2022 // Oleg Averyanov’s factory produced fire trucks and employed 600 people until it was forced to halt operations and close its doors as a Russian invasion force poured over the border into his region in northeastern...
Insurance Premiums Surging for Ukraine War-Exposed Business: Sources
May 31 2022 // Insurance premiums are doubling or more for some aviation and marine business particularly exposed to the war in Ukraine, increasing costs for airline and shipping firms, industry sources say. Global commercial insurance...
Ukraine’s Richest Man Plans to Sue Russia for Destruction of Steel Plants, Lost Business
May 27 2022 // Ukraine’s richest man says he plans to sue Russia over what he said was $17 billon to $20 billion in losses caused by its bombardment of steel plants he owns in the devastated city of Mariupol. The Azovstal...
Natural Disasters, Ukraine War Weigh on Q1 Results of Europe’s Major Reinsurers
May 16 2022 // Three out of four of the major European reinsurers reported their profits were negatively affected as a result of elevated natural catastrophe claims and a first round of claims reserves from the Russia-Ukraine war,...
Russia’s War With Ukraine Must Not Derail Climate Action: Envoys Warn
May 12 2022 // The world needs to speed up decarbonization and not let a focus on energy security in the wake of Russia’s invasion of Ukraine derail the drive to a low-carbon economy to avert disastrous climate change, leading...
Inflation, Ukraine War Seen as Chief Financial Risks
May 10 2022 // High inflation, volatility in stock and commodity markets and the war in Ukraine have emerged as the chief risks to the U.S. financial system, the Federal Reserve reported on Monday in a biannual update on financial...
Multiple Marine Insurance Claims Expected From War in Ukraine: Allianz
May 10 2022 // Global insurers are expected to receive multiple marine insurance claims from ships damaged or lost as the conflict in Ukraine spills over into sea lanes, insurer Allianz Global Corporate & Specialty (AGCS) said in a...
Russia-Ukraine a ‘Complex’ Situation for Insurance Industry: AIG CEO Zaffino
May 5 2022 // AIG CEO Peter Zaffino during the company’s most recent earnings call provided analysts with some insight regarding insurance implications from Russia’s invasion of Ukraine. “We have not seen a situation...
EU Regulator Warns of Increased Risk to Airlines as Result of Ukraine War
May 5 2022 // The European Union’s Aviation Safety Agency (EASA) regulator warned on Thursday of increased risks to airlines due to the war in Ukraine, such as civil planes being accidentally targeted as well as an increased risk...
Swiss Re Reports Q1 Loss as Ukraine War, Natural Disasters and COVID Take Their Toll
May 5 2022 // Swiss Re reported a group net loss of $248 million during the first quarter, as a result of headwinds such as the war in Ukraine, higher-than-expected natural catastrophes and the ongoing COVID-19 pandemic. This loss...
QBE Reports 22% Surge in Q1 Premiums, Expects Hit From Ukraine War
May 4 2022 // Australia’s QBE Insurance Group said on Thursday its first-quarter written premiums grew 22% in constant currency terms, as volatility because of the Russia-Ukraine war led to more demand to insure crops. The war in...
Global Shipping Industry Pushes to Rescue Seafarers Trapped in Ukraine
May 2 2022 // Just under 500 seafarers remain stuck onboard 109 ships at Ukrainian ports – skeleton crews who were left on board to enable their crew mates to be evacuated amid the conflict with Russia, shipping officials said on...
Lloyd’s Insurer Lancashire Sees Manageable Russia-Ukraine Losses
Apr 28 2022 // Shares in Lloyd’s of London insurer Lancashire jumped nearly 10% on Thursday as it estimated net losses in Ukraine at around $20-30 million and said further potential losses in the region were within its risk...
ESG, Invasion of Ukraine Focus of Marsh McLennan Earnings Call
Apr 22 2022 // Much attention was paid to ESG (environmental, social, and governance) issues and the Russian invasion of Ukraine as Marsh McLennan reported the highest first-quarter underlying growth in more than 20 years. First quarter...
