Israel-Hamas conflict prompts PVT market concern over $10bn-$15bn exposure
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Israel-Hamas conflict prompts PVT market concern over $10bn-$15bn exposure

ALAMY Israel Palestine israeli strike on Gaza October 2023.png
Photo: Alamy

Political violence and terrorism (PVT) underwriters will be closely watching developments from attacks in Israel and Gaza as sources told this publication there is up to $15bn of exposure on-risk locally.

These are total exposure estimates and senior market sources told this publication that current losses will not come anywhere near this level, with Israeli forces having pushed back Hamas terrorists into Gaza.

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