File photo of barley being loaded for export at the Black Sea port of Mykolaiv, Ukraine on July 9, 2013. (Photo: Reuters/Vincent Mundy)

Ship insurers to cancel war cover for Russia, Ukraine from Jan. 1

Reading Time: 2 minutes London | Reuters — Ship insurers said they are cancelling war risk cover across Russia, Ukraine and Belarus, following an exit from the region by reinsurers in the face of steep losses. Reinsurers, who insure the insurers, typically renew their 12-month contracts with insurance clients on Jan. 1, giving them the first opportunity to scale […] Read more