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Published 9 days ago

India Grants Marine Insurance Approval For Russian Firms

Summary by Bloomberg
(Bloomberg) -- India has granted marine insurance approval to four Russian firms, adding impetus to Moscow’s efforts to avoid the use of Western service providers.Russia’s VSK Insurance, Sogaz Insurance Co. and Alfastrakhovanie PCL have got approval to provide marine insurance until Feb. 20, 2025, the Directorate General of Shipping website showed. The validity of Moscow-based Ingrosstrakh Insurance Company was extended through March 2029. Insur…

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The HinduThe Hindu

Russia reinsurer backs firms to get India marine insurance permit

Russian state-owned reinsurer backs three insurers for Indian marine insurance, facilitating trade amid Western sanctions and oil price caps

9 days ago·India
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BloombergBloomberg

India Grants Marine Insurance Approval For Russian Firms

(Bloomberg) -- India has granted marine insurance approval to four Russian firms, adding impetus to Moscow’s efforts to avoid the use of Western service providers.Russia’s VSK Insurance, Sogaz Insurance Co. and Alfastrakhovanie PCL have got approval to provide marine insurance until Feb. 20, 2025, the Directorate General of Shipping website showed. The validity of Moscow-based Ingrosstrakh Insurance Company was extended through March 2029. Insur…

10 days ago·United States
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RigzoneRigzone

India Grants Marine Insurance Approval for Russian Firms

India has granted marine insurance approval to four Russian firms.

10 days ago
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