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Expert Analysis

How Economic Sanctions Impact The Insurance World

Law360, New York (February 2, 2015, 10:05 AM EST) -- Economic sanctions are intended to promote certain foreign policy interests and geopolitical goals of the issuing country. In the case of the United States, sanctions are a quick and relatively easy mechanism employed by the executive branch that are intended to punish a subject country and/or targeted individuals to further national interests and foreign policy goals. In the process, however, sanctions may also have a profound direct and intended, as well as indirect and unintended, effect upon commercial activity of many others....

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