Insurance entities like Lloyd’s Syndicate and SiriusPoint are responding to global conflicts by launching crisis solutions and meeting growing demand.
4 reports, 4 independent
Updated Jul 31
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What happened
Insurance entities like Lloyd’s Syndicate and SiriusPoint are responding to global conflicts by launching crisis solutions and meeting growing demand.
How it developed
Newest first. Tap a step to see who reported it.SiriusPoint Ltd. strategy discussion on diversification led by Scott Egan and Jim McKinney.1 source
Insurance market launches crisis solutions in response to growing global conflict demand.1 source
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Part of
Geopolitical risk, including the war in Ukraine, is impacting the business operations and financial stability of global marine insurers.Also in this story
- Geopolitical factors, including the war with Iran, have shut the Strait of Hormuz, driving price volatility.
- Uncertainty over Ukraine claims is affecting the reinsurance market.
- The Nord Stream pipeline incident is demonstrating the complexities of risk attribution, showing how geopolitical risk challenges insurance models.
- Aon plc helped expand a war-risk facility with the EBRD, allowing Ukrainian insurers to partner and secure coverage.