Russian aviation and space companies blocked from UK insurance market
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Russian aviation and space companies blocked from UK insurance market

Aisling Finn
03 March 2022
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City of London. London's panorama at sun set.

The UK government has introduced more sanctions severely limiting Russian access to the global and London insurance and reinsurance markets.

This morning the government introduced new sanctions prohibiting Russian companies in the aviation and space sectors from accessing the UK insurance sector, both directly and indirectly, in response to the invasion of Ukraine.

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