Specialty reinsurance post-Ukraine: Debundle, re-rate, tighten terms
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Specialty reinsurance post-Ukraine: Debundle, re-rate, tighten terms

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The Ukraine war may not be the launch pad for a wholesale debundling of specialty reinsurance composite risk, but it is certainly expected to drive more purchasing of standalone political violence cover, a close focus on tighter terms and conditions and challenging negotiations in the 1 January renewals.

Composite deals were one of the talking points amongst reinsurers in the early weeks after the invasion, as it became apparent that these marine treaties – which over the past decade have gradually expanded to include marine, aviation and...

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