All Russia-Ukraine conflict articles
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NewsMS Amlin binds landmark Ukraine reinsurance facility
Re/insurer to underwrite first risks on innovative scheme that could provide up to €5bn in coverage over five years for Ukraine SMEs.
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NewsDark clouds: aviation re/insurance market update – WTW
Underlying factors offer few indications the market will harden in the first half of 2025 and early reinsurance renewals suggest direct insurers are receptive to negotiation as momentum from Q4 shows little signs of abating, according to WTW.
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NewsAon and EBRD launch €110m Ukraine war risk facility
The broker has partnered with MS Amlin and several Ukrainian insurers, along with several governments and the European Bank for Reconstruction and Development, to put together the war risk scheme for Ukraine, nearly three years after Russia’s full-scale invasion of the country.
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NewsFrom Mariupol to Gaza – measuring political violence losses with Charles Taylor Adjusting
Loss adjustment from warzones is a service in high demand, given the geopolitical state of the world in 2024, and the rising prominence of war, political violence and terrorism business among London market re/insurers.
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NewsUnderwriting Ukraine: market efforts continue amid wheat harvest countdown – McGill and Partners
As Russia’s war continues in its third year, what role can the re/insurance industry play in rebuilding Ukraine?
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NewsAon announces $350m Ukraine war risk programme
The US International Development Finance Corporation and Aon have announced a $50m war risk reinsurance facility, plus an additional $300m in war risk insurance for Ukraine’s health care and agriculture industries.
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NewsNavigating the oil price cap changes in the shipping industry
Insurers play a pivotal role in assessing and mitigating risks associated with sanctions violations, and adjustments to the OPC scheme were effective from February, writes Daniel Tadros, chief operating officer, The American Club.
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NewsThe new PV reinsurance market hub in Dubai
There are at least ten active carriers or MGAs of political violence re/insurance operating from the Dubai International Financial Centre, one senior Dubai-based underwriter says.
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NewsReinsurers cautious about return to aviation war market
Some aviation all-risks reinsurers have been coaxed back into the aviation hull war market, demanding much greater data and awareness of exposures, but a capacity shortfall remains, despite high prices on offer.
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NewsMarsh McLennan announces ‘Unity’ Black Sea grain insurance deal with Ukraine
The re/insurance broker has announced the launch of a new insurance facility to support grain exports from Ukraine’s Black Sea ports.
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NewsUkraine war risk database in test phase, war risk pool efforts continue – Guy Carpenter
A Ukrainian war risk loss event database, developed by Guy Carpenter and Oliver Wyman with the Ukrainian government, is in its testing phase, Julian Enoizi revealed to GR.
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NewsMiller, CWD partner to offer Black Sea marine war risk coverage
The shipping situation in the Black Sea has led Miller and Clearwater Dynamics to partner with Ukrainian authorities to offer marine war risk coverage.
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NewsLondon market in the vanguard of Ukraine reconstruction plans
What has been agreed in London to support Ukrainian reconstruction? Marsh McLennan, Lloyd’s, Aon and VIG joined G7 Governments in pledging their support to rebuild Ukraine’s shattered economy.
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NewsPolitical risk is now everyone’s risk – WTW
Nine in ten companies suffered a political risk loss in the past year, according to a WTW report.
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NewsLloyd’s reveals 2022 loss after paying out £21 billion in claims
With prices increasing by 8%, the Lloyd’s market has now seen 20 consecutive quarters of positive price improvement
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NewsHannover Re grows 2022 net income to €1.4 billion
Major losses were offset by investment contributions and a strong performance within life and health reinsurance
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NewsRush of ‘total loss’ Ukraine marine claims expected
The full value of vessels trapped in Ukrainian ports could be as much as $800m to $1 billion
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NewsRenewals in specialty market ‘incredibly complex and challenging’ due to Russia-Ukraine conflict
Despite 1 January renewals being ‘orderly’, following the onset of the war, many specialty coverages ‘were excluded post-April’
