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Bank of Russia Injects $2 Billion Into Reinsurer on War Costs

The Bank of Russia will put 165 billion rubles ($2 billion) into the country’s giant state-run reinsurer to cover losses from mounting Ukrainian attacks, according to Governor Elvira Nabiullina.

Bank of Russia Injects $2 Billion Into Reinsurer on War Costs

Key Highlights

  • The Bank of Russia will put 165 billion rubles ($2 billion) into the country’s giant state-run reinsurer to cover losses from mounting Ukrainian attacks, according to Governor Elvira Nabiullina.
  • Desk angle: we track rates, inflation, and bank balance sheets against this headline. Always read the original for filings and quotes.
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