Broking giants Aon and WTW have both announced plans to withdraw all businesses from Russia, in response to the country’s invasion of Ukraine.
Following the lead of Marsh McLennan last week, this means the world’s three largest insurance brokers have now all severed ties with Russia.
Insurers such as Generali have also exited the country following its widely-condemned invasion of Ukraine, while specialist re/insurance marketplace Lloyd’s has firmly lent its support to the sanctions imposed by the UK government.
