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Ukraine War

As events in Ukraine unfold at a rapid pace and sanctions on Russia start to bite, Insurance Day offers the best insight, analysis and commentary on how the crisis is impacting insurance markets

Ukraine War

Marine insurance talks with Ukraine falter as two ships test alternative Black Sea grain corridor

International Union of Marine Insurance says ‘grey areas’ surround Ukraine government’s proposal to reinsure marine risk

Europe Ukraine War

Return to commercial war risk cover for Ukraine ships difficult to envisage: Denèfle

Details of scheme that would see Ukrainian government take first layer of risk expected shortly

Ukraine Europe

Ukraine to launch state-backed war risk cover

A new Ukrainian state-backed scheme to provide war risk cover in conjunction with international insurers will essentially be a public-private partnership sharing the risk, according to Marsh, which is advising Kyiv on the details of the new deal expected to emerge in the next month

Ukraine Ukraine War

Ukraine appeals to re/insurers to bolster private investment

Re/insurers willing to support that vision have a clear entry point, UkraineInvest’s chief executive, Sergiy Tsivkach, says

Ukraine Risk Management

Russia has no right to attack neutral shipping, lawyers confirm

United Nations Convention on the Law of Sea provides for right of innocent passage, despite Kremlin sabre-rattling. But destruction of Ukrainian port facilities may mean few fixtures anyway, underwriters add

Russian Federation Ukraine

Shipping becomes a military target as Black Sea threats escalate

Both Ukraine and Russia have put shipping on alert in the Black Sea, but it will be difficult for Russia to strike ships transiting the Black Sea and it is unlikely that Ukraine’s Danube River ports will be directly targeted

Political Risk and Trade Ukraine crisis

Russia warns that ships heading to Ukraine are now a military target

Russia’s defence ministry says all ships headed to Ukraine ports from Thursday will be considered as potentially carrying military cargo. Flag states of those vessels will be considered to have sided with Kyiv

Ukraine Russian Federation

Ukraine war risk insurance still available after grain corridor collapse – but zero demand

Norwegian mutual DNK not currently offering cover, but Lloyd’s and London underwriters confirm willingness to quote

London Europe

Marine insurers prepare for possible collapse of Black Sea grain deal

Underwriters still ready to cover risks for the right premium, which past precedent suggests could be up to 5%-10% of hull value

Europe Ukraine

Courage is contagious: the business of derisking Ukraine

Insurance can help spur investors to rebuild the war-torn country’s economy

Ukraine Aon

UK unveils war risk insurance framework to support rebuilding of Ukraine

Britain’s prime minister, Rishi Sunak, says the initiative creates immediate derisking measures to increase investor confidence to aid Ukraine’s recovery

Europe International

Insurance industry joins forces to rebuild Ukraine

Aon and Lloyd’s have unveiled a collaboration with Vienna Insurance Group to provide re/insurance capacity to bolster Ukraine’s economic resilience

Aon Lloyds
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