Tehran feels weight of sanctions
Issue 842
- 05 Dec 2008
| 1 minute read
Capacity constraints for Iranian transactions are largely due to the standoff between Tehran and Washington, backed by European governments, on the nuclear question, which has cut US-based insurers and underwriters with US-based treaty reinsurance out of the market. Given the European Union’s ‘common position’ of August 2008 – which calls for restraint
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