Aon and the European Bank for Reconstruction and Development launch innovative war risk insurance facility for Ukraine
Portfolio Pulse from
Aon and the European Bank for Reconstruction and Development (EBRD) have launched a new war risk insurance facility for Ukraine, involving over $465M in capital. This initiative aims to support Ukraine's economy and insurance industry by providing reinsurance capacity for war-related risks, attracting international reinsurers like MS Amlin and Ukrainian companies such as INGO, Colonnade, and UNIQA.
December 12, 2024 | 9:15 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Aon has partnered with the EBRD to launch a war risk insurance facility for Ukraine, involving over $465M in capital. This initiative supports Ukraine's economy and insurance industry by providing reinsurance capacity for war-related risks.
Aon's involvement in launching a significant war risk insurance facility in Ukraine positions the company as a key player in supporting the country's insurance market amidst ongoing challenges. This partnership with EBRD and the attraction of international reinsurers could enhance Aon's reputation and business opportunities, likely having a positive short-term impact on its stock price.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90