PVT market ‘needs to start again’ on treaty structure: Howden Re’s Warne
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PVT market ‘needs to start again’ on treaty structure: Howden Re’s Warne

The broker said there was a ‘disparity’ in market response to war in the Middle East.

By Samuel Casey
April 12, 2024
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The political violence and terrorism (PVT) reinsurance market needs to re-evaluate how it structures reinsurance treaties in order to provide the direct market with adequate protection to continue underwriting, according to Howden Re’s Sandy Warne.

Warne

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