Ukraine war a ‘major but manageable loss’ for London market: AM Best
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Ukraine war a ‘major but manageable loss’ for London market: AM Best

Luke Harrison
26 April 2022
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The Ukraine war is likely to be a major but manageable loss for the London market, according to an AM Best report that showed “material uncertainty” remains over the magnitude of potential direct and second-order losses.

Despite uncertainty around the war’s loss impact, AM Best maintained its stable outlook for the London market. This was due to expected continuing upward rate momentum, reduced uncertainty around Covid-19 losses, a focus on market modernisation and the market’s...

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News London market Property treaty ILS Aerospace
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Luke Harrison
Reporter
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