Israel-Hamas conflict another wake-up for specialty reinsurance
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Israel-Hamas conflict another wake-up for specialty reinsurance

Insurance Insider US Team
05 November 2023
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ALAMY Israel Palestine israeli strike on Gaza October 2023.png
Photo: Alamy

The contingency market is monitoring the war between Israel and Hamas for potential loss activity, as well as keeping track on whether it has wider global implications for events, sources told this publication.

Many contingency-type insurance covers have been placed in the terrorism market since the pandemic, and the Israel/Hamas conflict is just the latest incident caused by rising geopolitical volatility that has led to a split in the specialty reinsurance and...

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Topics

Analysis Specialty treaty PV/Terror
IT
Insurance Insider US Team
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