All Ukraine-Russia articles
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NewsEvolving black swans are making the industry nervous
Past industry action has demonstrated that insurance companies take these risks ‘very much in their stride’ - Accenture
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Re/insurance has never been more valued - Lloyd’s boss
The insurance industry’s role is not just about helping clients recover but also building resilience, says John Neal
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Pool Re warns of ‘perfect storm’ in geopolitics
Power games are increasingly being fought on multiple levels beyond physical conflict, including cyber warfare
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Geneva Association appoints new board members
Association has become a supporting institution of UNEP-FI’s Principles for Sustainable Insurance
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Rates up 20% to 30% at ‘Florida book’ renewals
Some carriers are exiting business to make their catastrophe reinsurance more affordable
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Zurich to sell Russian business and exit market
Insurer is selling the business, which will operate independently, to members of the unit’s team
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“No room for complacency” in shipping industry
Crew and port congestion challenges and the war in Ukraine are among the challenging headwinds - AGCS
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SCOR: Ukraine and nat cat losses dent Q1 results
The reinsurer has reported a net loss of €80m for the quarter and a combined ratio of 103.7%
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Swiss Re reports $248m Q1 net loss
Results reveal impact from the war in Ukraine, nat cat losses and financial market volatility
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‘Stagflation’ is back, warns sigma
Claims inflation is expected to affect non-life insurers’ profitability in 2022, leading to further market hardening in 2023
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Axis reveals 45% drop in cat reinsurance premium
Rumours of a sale of the firm’s reinsurance arm come as it reduces exposure to catastrophe lines
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Markel reveals Q1 investment losses
The reinsurance company saw an improvement in its combined ratio despite losses relating to Russia-Ukraine
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Commercial rates rise for the 18th consecutive quarter
Hard market is beginning to moderate but inflationary pressure could impact pricing going forward - Marsh
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Marine war, property and aviation exposed to Ukraine losses
With ports closed and commercial shipping activities reduced, less impact on marine liability is anticipated - Miller
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AIG looks to pull back from Russia and Ukraine
The insurance giant is understood to be considering adding exclusion clauses to policies for firms operating in the region
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Ukraine crisis adds to inflation risk for insurers
Persistently high inflation will increase P&C insurers’ claims, eroding their earnings - Moody’s
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Russia sanctions create fallout for trade credit insurers
Businesses seeking trade credit insurance may find cover unavailable as insurers react to ongoing sanctions
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Lloyd’s of London brands ongoing Russia-Ukraine conflict a ‘major loss’
Lloyd’s boss admits some claims could take years to settle but believes that the marketplace is in a strong position to withstand this
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Aviation sector faces losses “on a par with 9/11”
543 Boeing and Airbus aircraft will be seized by the Russian Government under new legislation
