Tag: International Group of P&I Clubs

Capital and Risk, Insurance

Reuters: Russia’s State-Owned RNRC to Reinsure Russian Oil Shipments: Sources

June 10, 2022

Via: Insurance Journal

State-controlled Russian National Reinsurance Company (RNRC) is now the main reinsurer of Russian ships, including Sovcomflot’s fleet, after Western insurance firms withdrew cover for Russian shipowners, three people familiar with the matter told Reuters. Insurance is essential for maritime transport, […]