political risk News

S&P Global Says Russia-Ukraine Insurance Losses Could Reach $35 Billion

LONDON — S&P Global sees losses in the speciality insurance market of $16-35 billion from the Russia-Ukraine conflict, the ratings agency said on Thursday. This includes possible aviation insurance losses totalling $6-15 billion, S&P said in a report. Other speciality …

Can Companies Leaving Russia Recoup Losses Through Insurance?

Hundreds of companies have said they are withdrawing or suspending operations in Russia after its invasion of Ukraine, from energy producer Shell Plc to carmaker Hyundai Motor Co. to PwC, a global professional services firm. The following is a look …

Allianz Tabulates Top Risks for Businesses

Business and supply chain interruption, natural catastrophes, fire and explosion top the risks for U.S. and global companies in 2015. In addition, cyber risks rank in top five for the first time. Businesses face new challenges from a rise of …