New guidance issued on Russia sanctions, as PRA assesses carriers’ exposures
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New guidance issued on Russia sanctions, as PRA assesses carriers’ exposures

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The UK government has published guidance on trading activities with Russia including insurance of certain entities that is banned under new sanctions, as London market firms seek to identify the impact and share their exposures with the regulator. 

New announcements on sanctions against Russia, which will impact insurers, have been flooding out of the UK, EU and US authorities since the Ukraine invasion began.

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