Aon and the European Bank for Reconstruction and Development launch innovative war risk insurance facility for Ukraine
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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
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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.
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