Kyivstar $100mn PV policy under threat as Ukraine war continues
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Kyivstar $100mn PV policy under threat as Ukraine war continues

2022-04-09 Kyiv region, Ukraine. Destroyed russian tank with Wolverines painting stucked in the mud on the E40 highway near Kyiv. War in Ukraine
Photo: Alamy Stock Photo

The political violence (PV) market is facing a possible $100mn loss stemming from an insurance tower purchased by the telecommunications company Kyivstar in Ukraine, the latest in a string of losses to hit the PV market as a result of the war.

The limit on the policy is said to be in the region of $100mn, but there is uncertainty around what the total loss quantum will be.

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