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Ukraine and its impact on the terrorism and political violence insurance market

Online event
Wednesday, 29 November 2023
1:00 pm – 2:00 pm (UK time)
    • Charles Berry FCII, Founding Director, BPL Global
  • London Market

In this IIL London Market webinar, Charles Berry talks about terrorism and political violence (PV) in the insurance market. The stand-alone terrorism and political violence insurance market has run a spectacular trajectory since 9/11. Recently losses from the Ukraine war and from civil unrest around the world have taken the market into more choppy waters. This webinar places the market in context; highlights its strengths and weaknesses; and suggests what its future might look like.

This session will cover:

  • Review the PV/War risks spectrum
  • Look at losses in its three main areas: terrorism; civil unrest; and conflicts
  • Assess the PV insurance market’s offering in each of these areas
  • Introduce the six strategies used by PV insurers and underwriters in the other market silos involved in writing war risks to enable them to write the class on a sound basis
  • Look to the future of the PV market

Learning objectives:

  • Further insight into the risks and threats from the current geopolitical climate
  • A better understanding of the coverages available
  • A growing appreciation of the differences between insuring the deliberate acts of mankind, as opposed to the accidents of nature.

This session will not be recorded, so a playback will not be available for members who do not attend the live event - Chatham House rules.

Chair: Geraldine Wright, Company Secretary, LIIBA

Venue
  • Online event

Booking information:

You will be sent a confirmation email shortly after booking. If you have not received this within one hour, please contact Patricia Pedraza (020 7397 3911).

CII Accredited

This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.

1 hour's CPD can be claimed for this event if relevant to your learning and development needs.

It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.