CNA Hardy exits political violence market
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CNA Hardy exits political violence market

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CNA Hardy has pulled out of the political violence (PV) market, as the sector faces sharply rising reinsurance costs and ongoing losses, this publication can reveal.

Sources said the insurer will not be taking on any new business or renewals.

The move also follows the departure of war, terrorism and PV underwriter Jonathan Powell, who was head of Lloyd’s P&C at CNA Hardy until earlier this...

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