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Russian plant firms face ten-fold premium rises after new law

Cadogan Petroleum gas treatment plant in Ukraine

Stringent new legislation relating to the management and insurance of plants dealing in hazardous materials in Russia is set to have far-reaching implications for companies operating in the country.

The legislation, Federal Law No. 225-FZ, came into force in Russia on 1 January 2012, and penalties for violation will be applied from 1 April 2012.

According to Marsh many organisations have yet to

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Tesco Law and the insurer legal services revolution that never was

Content Director's View: More than a decade ago many insurers could not wait to seize the opportunities afforded by a change in the law that allowed them to set up their own legal services arms. Jonathan Swift reflects on what happened next - and the prospect of a one-stop-shop claims provider in the future.

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