Parts Makers in Japan Halt Output After Earthquake

Japan's Renesas Electronics Corp, Murata Manufacturing Co Ltd, Sony Group Corp and other precision parts makers halted some operations on Thursday after an earthquake jolted the country's northeast, ...

Munich Re Exits From Russian, Belarusian Business

Munich Re is joining other insurers, reinsurers and brokers that have withdrawn from business with Russia. Condemning Russia's attack on Ukraine and supporting the sanctions, Munich Re said it will ...

How Lloyd’s is Responding to Events in Ukraine

Russia and Belarus represent less than 1 percent of business transacted by Lloyd's of London, the commercial insurance market said, adding that it would look to curtail Russian exposure in several of ...

AM Best Raises Country Risk Level for Russia

The insurance rating firm AM Best said it has moved its country risk tier for Russia to a CRT-5 from a CRT-4 to reflect the "significantly heightened geopolitical, economic and financial system risk" ...