As the U.S. continues to impose severe and far-reaching economic sanctions on Russia, insurers must keep up with a barrage of new rules. The rapidly changing sanctions regime signals an urgent need for firms and companies to ensure processes are robust and that proper due diligence is in place.

Given the potential legal and financial consequences related to a raft of challenges from sanctions targeting Russia, insurance and reinsurance companies must unravel a complex web of unprecedented and rapidly changing economic sanctions. During this panel, we will explore key areas including:

• Implementing robust processes to ensure proper due diligence
• Navigating key differences between US, UK, and EU restrictions
• Ensuring risk-based compliance programs in response to expansive use of sanctions and new methods of evasion
• Navigating challenges related to the Russian Oil Price Cap for insurers
• Understanding the expansive scope and targets for the latest sanctions