Discussion topics will include:
increasing losses incurred by Russian property insurers as a result of fires, drone attacks and other troubles;
the market reaction to changed "single reinsurer" conditions: who determines the applicable rules, and how?
war or terrorist acts - how do Russian insurers qualify recent events and what conditions should be included in the insurance policy to cover such risks?
discriminatory terms often included in property insurance contracts, which policyholders should avoid;
invalidity of contracts and refusal to pay on claims: traditional approaches and new trends;
the claims settlement procedure: what issues to focus on first.
KKMP Counsel Roman Sadovsky will speak at the session The New Foreign Economic Activity Insurance Landscape: Trends, Challenges, Solutions on the impact of sanctions and counter-sanctions on the terms and conditions of Russian insurance contracts. You can register for the conference or get a recording at the link. For our subscribers there is a special 15% discount for online participation: when registering, please mention that you saw the ad in KKMP.connect.