Insurance Day
War and PV market braces for first loss-making year since 9/11
Losses linked to conflict in the Middle East could be north of $2bn, against an annual gross premium of $2.5m, Marsh Re says
LOSSES linked to conflict in the Middle East could push the war, terrorism and political violence market into its first loss-making
year since the September 11, 2001, terror attacks, Marsh Re has said.