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PV facilities under the microscope as Ukraine throws shadow over viability

Bucha, Ukraine. 04th Apr, 2022. A Ukrainian soldier stands guard along the M-06 Kyiv - Chop highway in the aftermath of the Russian invasion, April 4, 2022 in Bucha, Kyiv Region, Ukraine. Credit: Ukraine Presidency/Ukraine Presidency/Alamy Live News

The extensive use of broker facilities in the political violence (PV) market has come under the spotlight following potentially heavy losses emanating from Russia’s invasion of Ukraine, with those in the market expecting tougher restrictions on business written via facilities and less power ceded to the lead underwriters.

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