28/02/2022 12:22
Topic:
Russia, Belarus, Ukraine cover policy
Nada ?ebokli
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Dear members,
Due to circumstances in Ukraine, we would like to know, whether you have changed cover policy against Ukraine, Russia and Belarus? Have you closed the coverage completely or you are still opened for certain risks?
Until now, SID has been opened for countries in question. Subject to EU sanctions it was possible to insure ST business with no special limitations, while MLT export transactions was possible to insure only on CBC basis. Recently we have had no demand for major transactions in any of these countries.
After escalation in Ukraine our intention is to categorize all three countries »off cover«.
We would be very grateful if you could share your approach with us as soon as possible.
Thank you in advance.
Kind regards. |