London PV market faces potential $3bn-$5bn Ukraine exposure
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London PV market faces potential $3bn-$5bn Ukraine exposure

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The London political violence (PV) market is bracing itself for a potentially costly fall out from Russia’s invasion of Ukraine, with sources estimating that London’s gross exposure to the conflict could be between $3bn to $5bn.

It has been suggested that if eventual losses from the crisis came in at the upper end of this range, this would be equivalent to several years’ worth of premium for the PV market.

Sources

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