(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 […]

FRANKFURT, Germany — Ukraine’s finance minister claims vital Western money support is “not charity” but “self-preservation” in the struggle to protect democracy as his place deals with expanding expenditures to restore electrical and heating infrastructure wrecked by Russian attacks. Serhiy Marchenko also instructed The Linked Press in an job interview […]

(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 […]