Insurance coverage Corporations Cease Airspace Protection in Russia-Ukraine Battle

Days after U.S. and Canada ordered most diplomats out of Ukraine amid heightened threat of Russian invasion, insurance coverage firms additionally began pulling the plug and refusing to cowl Ukrainian airspace.

On Monday, Ukraine Worldwide Airways informed native information shops that it acquired “an official notification from insurance coverage firms to terminate the insurance coverage of plane for flights within the airspace of Ukraine” over considerations of imminent invasion from Russia.

Whereas Ukraine has been in a semi-permanent state of battle since Russia annexed the island of Crimea in 2014, tensions have reignited after Western nations just like the U.S. and the UK reported a buildup of Russian troops across the Ukrainian border courting again to the autumn of 2021. 

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