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Lloyd's of London, the world's oldest insurance market, said on Wednesday that it was working closely with British and international governments and regulators to implement global sanctions against Russia.
Source: Reuters | Published on June 1, 2022
"Lloyd's supports and remains focused on the delivery of a global sanctions regime against the Russian state," Lloyd's said.
The Financial Times reported late on Tuesday that Britain and the European Union had agreed a coordinated ban on insuring ships carrying Russian oil to shut Moscow out of the Lloyd's insurance market.
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