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hieronymusanonymous OP t1_j1gw5ql wrote

>Tokio Marine & Nichido Fire Insurance Co [RIC:RIC:MILEAA.UL], Sompo Japan Insurance Inc [RIC:RIC:SJII.UL] and Mitsui Sumitomo Insurance Co [RIC:RIC:MITSID.UL] started notifying shipowners about their decision on Friday, the business daily reported.

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>The insurers' decision was prompted by reinsurance companies refusing to take on risks related to the war that Moscow launched 10 months ago, the newspaper said.

>The halt, applying even to waters in Russia's Far East, far from the fighting, could make shipping there too risky for some companies, it said.

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