London PV underwriters fear $1bn loss from South African riots
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London PV underwriters fear $1bn loss from South African riots

(210712) -- JOHANNESBURG, July 12, 2021 (Xinhua) -- A police officer deals with protesters looting a shop in Johannesburg, South Africa, on July 12, 2021. Soldiers have been deployed in KwaZulu-Natal and Gauteng provinces to deal with violent protests and

Headline losses in the London political violence (PV) market from violence in South Africa could potentially reach a combined total of around $1bn, underwriting sources have told Insurance Insider.

However,

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