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Articles and case comments
- War-Risk Insurance: The Approach of the Supreme Court of the Russian Federation and Some Practical RecommendationsIt has become increasingly clear to policyholders of late that war risks need not only to be insured separately, but also to be specified far more precisely in insurance contracts. At the same time, the established trend in the application of Article 964 of the Russian Civil Code does not prohibit insurers from including clauses in insurance terms that define the scope of covered and excluded risks. An Associate Professor at the S.S. Alekseev Private Law Research Centre reflects on how insurance practices are changing as war risks increase.
- The Military Crisis in the Middle East: Yet Another Blow to ShippingA new large-scale armed conflict broke out in late February 2026. The US and Israel launched a military operation against Iran, which responded by blocking the Strait of Hormuz: a third of the world’s liquefied natural gas, nearly a quarter of the world’s oil consumption, and many other goods are transported through this strait. Following several days of hostilities, the Islamic Revolutionary Guard Corps stated that only vessels with specific permission from Iranian authorities could expect to pass through the Strait of Hormuz. At the time of publication, around 30 vessels of various types, including container ships, bulk carriers and tankers, had been affected by hostilities in the Strait of Hormuz.