War products gain interest but underwriting challenges remain

Source: Middle East Insurance Review | Aug 2023

Demand for coverage against war has increased amid ongoing wars and concerns of geopolitical tensions developing into conflict. Rates for some lines of business have been hardening and reinsurers have increased exclusions on cedants offering such cover. We spoke to Vantage Risk’s Mr Dan Riordan and WTW’s Mr William Miller for insights.

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