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Russia still using western insurance for half of oil shipments
By Bloomberg NewsThis dependence on western coverage limits Russia's ability to negotiate higher prices for its oil.
News and information for property & casualty insurance agents & brokers on coverage and policy issues, including policy analysis related to whether a client’s loss is covered. Coverage questions are answered as to who is liable in the event of a loss, in order to most effectively serve the client when a claim is filed.
This dependence on western coverage limits Russia's ability to negotiate higher prices for its oil.