Russia Ukraine war News
Berkshire Hathaway’s Buffett Talks Nuclear Risk and Tribalism
Shareholders attending Berkshire Hathaway's annual meeting on Saturday had questions about what will happen to the conglomerate when Chairman Warren Buffett is no longer around to lead it. They also ...
ESG, Invasion of Ukraine Focus of Marsh McLennan Earnings Call
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 ...
Lloyds’ CFO Keese Sees Inflation as Biggest Challenge for Insurers in 2022
The insurance industry has faced myriad disrupters during the past several years, ranging from the ongoing effects of a global pandemic to climate risks to technological advancements. However, the ...
SCOR Warns of Ukraine Conflict Impact on Q1 2022 Results
In a media statement Friday, Paris-based SCOR said the company expects a first-quarter 2022 charge in the high double-digit EUR million range for potential claims related to the Russia-Ukraine ...
War With Russia Will Shrink Ukraine Economy 45%, Says World Bank
The World Bank says Ukraine's economy will shrink by 45.1 percent this year because of Russia's invasion, which has shut down half of the country's businesses, choked off imports and exports, and ...
AIG Considers Cutting Insurance for Russia, Ukraine
AIG, one of the world's biggest commercial insurers, is considering cutting cover for Russia and Ukraine to shield itself from the risk of hefty claims as sanctions ratchet up and the war drags on, ...
BOC Aviation Says Lessors Seeing ‘Horrendous’ Hikes in Insurance Costs
The likely huge insurance claims related to the cancellation of aircraft leases in Russia is already leading to "horrendous" hikes in the cost of renewing policies, the chief executive of major ...
Analysis: Cyber Insurers Face Large Ukraine War-Related Claims Despite Exclusions
Insurers face potential multibillion-dollar claims for cyber attacks related to Russia's invasion of Ukraine, despite policy wording designed to get them off the hook for war, industry sources say. ...