Update: Foreign Firms’ Losses From Exiting Russia Top $107 Billion

Share!

Insurance Journal - Mar 28, 2024

The corporate exodus from Russia since its 2022 invasion of Ukraine has cost foreign companies more than $107 billion in writedowns and lost revenue, a Reuters analysis of company filings and statements showed. The volume of losses have increased by …...

Read Full Article

Recommended Articles

RBNZ Says Insurance May Become Unaffordable for High-Risk Homes

Posted: Apr 29, 2024

New Zealanders who own properties in areas prone to flooding or earthquakes may find they can’...

US tests show pasteurized milk safe as bird flu spreads

Posted: Apr 29, 2024

Additional tests of milk showed that pasteurization killed the bird flu virus, federal health offici...

30% of Business Leaders Say Global Political Risk Is Their Biggest Threat

Posted: Apr 29, 2024

Sixty-five percent of North American business leaders fear this election year will impact their abil...