Tag Russia

AM Best becomes latest to move away from Russia

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Another day, another major industry name distancing itself from Russia. “AM Best has suspended all commercial activities to clients in Russia and has withdrawn all credit ratings on Russia-based (re)insurance companies, subject to sanctions imposed by the European…

AXA shuns Russia in actions update

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Paris-headquartered insurance group AXA, which “has condemned the invasion of Ukraine and its devastating human consequences since the beginning of the war,” is taking a number of steps in response to the attack. In an actions update, the…