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Tag: Ukraine Grain


Capital and Risk, Insurance

Ukraine to Set Up $500M Insurance Fund for Cargo Ships Entering Ports

February 24, 2023

Via: Insurance Journal

Ukraine will offer compensation for possible damages to civilian vessels entering its ports, Deputy Prime Minister Oleksandr Kubrakov said on Friday, as Kyiv tries to boost exports that are vital for its war-hit economy. Ukraine is a major producer and […]


Capital and Risk, Insurance

Grain Ships Sail From Ukraine Despite Moscow Exit From Deal; Insurance Cover Paused

October 31, 2022

Via: Insurance Journal

Ships brought grain from Ukrainian ports on Monday, suggesting Moscow had stopped short of reimposing a blockade that might have caused world hunger, despite suspending its participation in a U.N. program to safely export grain from the war zone. Air […]


Capital and Risk, Insurance

Ukraine Grain Corridors Need More Ships, Affordable Insurance to Accelerate Exports

August 24, 2022

Via: Insurance Journal

Ukraine’s first shipments of grain since being invaded by Russia are a harbinger of relief for squeezed global markets, but many challenges remain before the millions of tons of food stuck in the country can be released. Perhaps the biggest […]


Capital and Risk, Insurance

Lloyd’s Insurer Hiscox to Provide Insurance for Ukraine Grain Shipments

August 3, 2022

Via: Insurance Journal

Hiscox is committed to a planned insurance consortium providing cover for ships traveling through a safe passage from Ukraine, its chief executive said on Wednesday, as the Lloyd’s of London insurer shares plunged on a first-half loss. The first grain-carrying […]


Capital and Risk, Insurance

Lloyd’s Insurers Preparing to Cover Ukraine Grain

July 27, 2022

Via: Insurance Journal

Lloyd’s of London insurers and brokers are preparing to provide cover for grain shipments from Ukraine and are likely to announce their plans shortly, the commercial insurance market’s chairman said on Wednesday. Russia and Ukraine signed a deal on Friday, […]