Iran-Israel violence raises concern over ‘escalation clause’ on treaties
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Iran-Israel violence raises concern over ‘escalation clause’ on treaties

Swiss Re is among reinsurers to have the right to limit coverage if conflict widened.

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Photo: Alamy

Insurers with Middle Eastern exposures could face an abrupt curtailment of reinsurance cover due to an “escalation clause” on some reinsurance treaties, as tensions rise over the Israel-Hamas conflict, Insurance Insider can reveal.

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