Credit and political risk market on alert amid ‘global toxic cocktail’
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Credit and political risk market on alert amid ‘global toxic cocktail’

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The credit and political risk market could see rate rises of up to 40% this year, as the class of business is impacted by soaring inflation, the Ukraine war and an increasing risk of countries defaulting on sovereign debt repayments.

Sources explained to this publication how global uncertainty and macro-economic issues are affecting the credit and political risk market, with liabilities insured in this class generally heavily susceptible to global vicissitudes.

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