Insurance
Mar. 9, 2022
Political risk insurance and the Russia-Ukraine conflict
Businesses around the world are facing substantial financial impact from Russia’s invasion of — or war against — Ukraine. The destruction of property, withdrawal of people, cessation of business agreements, and disruption of the supply chain all present significant financial challenges.
Kirk A. Pasich
Partner and Co-Leader of the Insurance Recovery Group
McGuireWoods LLP
Phone: (310) 956-3462
Email: kpasich@mcguirewoods.com
Loyola Law School
Businesses around the world are facing substantial financial impact from Russia's invasion of -- or war against -- Ukraine. The destruction of property, withdrawal of people, cessation of business agreements, and disruption of the supply chain all present significant financial challenges. The impact on the energy market alone -- particularly on the oil supply and resulting oil and gas price hikes -- already is proving significant.
In the f...
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