Insurance Market Adapts to War-Related Losses, Which Remain High
The sector's resilience in the face of losses approaching US$ 20 billion is the result of a risk-sharing network between companies
28 Oct 2024
Brazil
1 min read
Felipe Bastos, partner in the Insurance and Reinsurance area, discusses the resilience of the sector in the face of losses approaching US$ 20 billion, highlighting that this result is due to the risk-sharing network between companies. Most property insurance policies have exclusion clauses related to wars, conflicts, invasions, rebellions, or terrorism, among other risks.
