Almost all new insurance products for the Russian commercial real estate market come from abroad. The reason for this is the large number of foreign investors in the Russian market. However, many types of insurance which Western companies would regard as standard are only now being provided by Russian insurers.
Insurance for construction and assembly risks (CAR) is a rather complicated and financially wideopen type of insurance. Under the current conditions of Russia’s booming market, it is still not widely preferred by those in the construction business, who generally do not insure or only partially insure possible risks at a construction site. However, Russians’ traditional […]
Today the demand for insurance on warehouse real estate overall, and particularly on logistics services, is becoming more and more prevalent. Indeed, Western investors, who have started showing interest in the Russian warehouse real estate market, also play a significant role in this. At this time there have already been a number of interesting deals […]
Management companies are inevitable impacted by the risk of property damage and thirdparty personal injury claims. Specialists are unanimous in their view that management companies must take out civil liability insurance.