Dozens of industrial plants in Russia have turned to the state’s reinsurance company for cover after an extension of U.S. sanctions made it difficult to get reinsurance elsewhere, the head of that firm told Reuters.
Reuters: Russian state reinsurer shoulders more risk after US sanctions
In this file photo taken on June 1, 2017 Russian billionaire Oleg Deripaska, who heads aluminium producer Rusal, attends the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg.
