PV market 'in disarray’ amid rate rises of up to 400%
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PV market 'in disarray’ amid rate rises of up to 400%

Aisling Finn
18 January 2023
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Third day of protests in Colombia 2021

The political violence (PV) market is in a state of “disarray” according to market sources, with rate increases in the New Year renewal period varying from 10% up to 400%, and carriers left taking more risk on a net basis.

After years of soft conditions, rates hikes are accelerating after dislocation in the first half of 2022, with rates on clean business rising by around 20%-30% on average, largely due to the Ukraine conflict but also more frequent, severe...

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News PV/Terror
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