Ukrainian insurance companies INGO, Colonnade and UNIQA have begun offering war risk policies backed by the European Bank for Reconstruction and Development (EBRD)'s Ukraine Recovery and Reconstruction Guarantee Facility (URGF) for inland cargo, vehicle damage and railway rolling stock, according to an EBRD press release.
EBRD, Aon's war risk insurance facility delivers over €5 million in reinsurance coverage for Ukrainian firms in first weeks
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Ukraine weighs rail route through Moldova as Russian attacks disrupt grain exports
Ukraine is considering a rail corridor through Moldova to the Romanian port of Constanța as an alternative to Black Sea shipping, as Russian strikes on Ukrainian ports increasingly disrupt grain exports, Reuters reported, citing unnamed sources. Kyiv has asked Moldovan authorities for a 50% discount on the standard freight rate,