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Trade & Logistics

15 September 2026

Putin pushes BRICS insurance challenge to Western shipping establishment

Downunder Voices Newsroom

Source reporting: Splash247

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Putin pushes BRICS insurance challenge to Western shipping establishment

Vladimir Putin has urged the world’s largest emerging economies to accelerate the creation of their own reinsurance mechanism, adding momentum to efforts that could eventually loosen the maritime industry’s century-long dependence on Western-centred insurance infrastructure. Speaking at the BRICS summit in New Delhi over the weekend, the Russian president called on members to develop their …

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