Kernel $250mn PV tower at risk as Ukraine conflict risk losses roll in
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Kernel $250mn PV tower at risk as Ukraine conflict risk losses roll in

Luke Harrison, 
Catrin Shi
18 March 2022
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Damage to assets belonging to Ukraine’s largest sunflower oil producer threatens a $250mn placement in the London political violence (PV) market, in the latest in a number of risk losses to the class as a result of Russia’s invasion of Ukraine.

Kernel Holdings SA is Ukraine’s largest producer and exporter of sunflower oil and a major supplier of agricultural products from the Black Sea.

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News PV/Terror Re/insurers Reinsurers
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Luke Harrison
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Catrin Shi
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