Credit and political risk rates rise amid Ukraine-Russia uncertainty
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Credit and political risk rates rise amid Ukraine-Russia uncertainty

Kyiv city Ukraine in smoke.png

Rates across the credit and political risk markets have increased significantly since the start of Russia’s invasion of Ukraine, as capacity contracts amid ongoing uncertainty around ultimate losses.

Sources speaking to Insurance Insider were unanimous in their agreement that rates were moving upwards rapidly. One source suggested rates in the market were up 20%-30% as a result of growing uncertainty, however others refrained from giving an estimate.

Expected...

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