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Ukraine War

As events in Ukraine unfold at a rapid pace and sanctions on Russia start to bite, Insurance Day offers the best insight, analysis and commentary on how the crisis is impacting insurance markets

Ukraine War

Viewpoint: War in Ukraine is an unprecedented challenge for London’s A&H underwriters

The insurance market is all about understanding and mitigating risk, but when it comes to the rapidly evolving war in Ukraine, providing cover for journalists, humanitarian workers and advisers entering the country presents a number of major challenges

Europe London

Marine insurers ‘in the dark’ over Russian oil cap details

Impact for P&I clubs hard to tell until details of mechanism are fully available, according to chief executive of International Group

International Marine

Tanker owners need not fear Russian oil price cap

A reduction in oil prices would be beneficial in a world facing the risk of a global recession, says analyst Erik Broekhuizen

International Tankers and Gas

Lloyd's underwriting profit climbs 25% despite Ukraine losses

Specialty re/insurance market reports underwriting profit of £1.2bn in the first half of the year as underlying performance improves but rising interest rates lead to overall loss of £1.8bn

Lloyds Ukraine War

Reinsurers double inflation assumptions for casualty lines, says S&P

Market is pricing for inflation of 10%, with loss-hit areas such as lines affected by the war in Ukraine particularly susceptible to rate hikes, analysts warn

International Reinsurance

Nuclear Risk Insurers renews Ukranian cover with amended war exclusions

The specialty nuclear insurer says it is committed to providing cover for the three power stations still under Ukrainian control

Ukraine Specialty

Marsh and Ascot extend Ukrainian grain facility to Lloyd’s brokers

'Significant demand' for Ascot-backed facility reported as first placement made 

London Ascot

The Russian-Ukraine war has exposed considerable risks for the insurance sector

While its full impact is still unknown, the Ukraine war will continue to add to the period of heightened risk for the industry

Europe Legal focus

International Group insured ships that may have breached Russia sanctions

Mix-up blamed on poor wording of original rules by European Union, with sources claiming considerable disruption to market

Marine Europe

Ukraine war risk insurance rates settle into normal range

Worst-case scenario of high insurance premiums jacking up costs to buyers and thus to hungry consumers in emerging market economies now looks to have been averted

Marine Ukraine War

Munich Re adds €90m to Ukraine war reserve

The reserve hike is a result of an increase in information compared with the first quarter of the year

Ukraine Reinsurance

UK's tougher marine insurance sanctions on Russia on indefinite hold

Britain’s Ofsi expected to move towards US approach – forbidding transactions with named individuals, companies and entities – rather than emulate EU blanket ban

London Lloyds
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