(Reuters) – Axa XL, a division of French insurer Axa SA, is reducing cover offered to aviation companies as it seeks to protect the multibillion-euro business after heavy Ukraine-linked losses, two underwriting and broking sources explained to Reuters. One of the top rated 10 players in global aviation insurance, Axa XL is pulling back from underwriting threat on so-called war cover, the sources reported, reducing possibilities for airline […]

(Reuters) — Insurers are no more time featuring new cargo insurance cover for shipments out of Ukraine through a United Nations-backed harmless corridor immediately after Russia suspended its participation, business sources explained Tuesday. An export offer, agreed to by Russia and Ukraine and brokered by Turkey and the U.N. in July, was meant to […]