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Insurers face exposure to Ukraine

Published1 March 2022
AuthorPete Carvill
Sourcereinsurancene.ws
Reading time3 min
Political risk · Aviation war · Trade credit · Marine cargoInsight

The insurance industry is counting the cost of the conflict across several specialty lines.

Draft summary for the prototype. The article body below is placeholder copy written for layout only. The final page should carry the licensed article text, or IBH's own commentary.

Where the exposure sits

  • Political risk insurance — expropriation, embargoes and border closures
  • Aviation war — aircraft and lessor exposures
  • Trade credit — contracts that can be withdrawn quickly
  • Marine cargo and war
  • Energy — a core underwriting class likely to see disruption

What it means for clients

Programmes with exposure to the region should be reviewed now — particularly war exclusions, notice requirements and credit limits. IBH's advisory team can help assess your position.

Originally reported by Pete Carvill for reinsurancene.ws. Third-party content is shared for information only.