The British government plans to exclude Russian aviation and space companies from the London insurance market.
These companies will no longer be able to directly or indirectly access UK-based insurance or reinsurance services.
Further details of this legislation will be released shortly.
Read also | Insurance in the face of the Russian-Ukrainian war [4]
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[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fuk-excludes-russia-from-aviation-and-space-insurance-market&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-189-march-2022
[4] https://www.atlas-mag.net/en/article/insurance-in-the-face-of-the-russian-ukrainian-war