PV renewals delayed as reinsurers again seek to limit aggregations
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PV renewals delayed as reinsurers again seek to limit aggregations

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The political violence and terrorism (PVT) market continues to face uncertainty and a prospect of ongoing mismatches between underlying and reinsurance coverage as it crawls towards the 1 January renewal date.

Senior market sources canvassed by Insurance Insider said that many carriers are concerned about potentially running their books net into the New Year amid a slow renewal.

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