Geopolitical risk, including the war in Ukraine, is impacting the business operations and financial stability of global marine insurers.
3 reports, 2 independent
Updated Wed 00:00
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What happened
Geopolitical risk, including the war in Ukraine, is impacting the business operations and financial stability of global marine insurers.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Geopolitical factors, including the war with Iran, have shut the Strait of Hormuz, driving price volatility.Sub-event
- Uncertainty over Ukraine claims is affecting the reinsurance market.Sub-event
- The Nord Stream pipeline incident is demonstrating the complexities of risk attribution, showing how geopolitical risk challenges insurance models.Sub-event
- Aon plc helped expand a war-risk facility with the EBRD, allowing Ukrainian insurers to partner and secure coverage.Sub-event
- The insurance market is currently refusing coverage due to the presence of active military threats, while ICAO continues to set global civil aviation standards.Sub-event
- Insurance entities like Lloyd’s Syndicate and SiriusPoint are responding to global conflicts by launching crisis solutions and meeting growing demand.Sub-event
- CEO Dalton Phillips monitors geopolitical events affecting business operations in the Middle East.Sub-event
Geopolitical risk is affecting the financial health and operations of global marine insurers.1 source
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The entities involved
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
- AAA
Related events
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