Aon and the european bank for reconstruction and development launch innovative war risk insurance facility for ukraine
Builds on aon's efforts to support ukraine's economy, insurance industry and preparation for reconstruction – representing more than $465m in public and private capital for war risk insurance new €110 million guarantee scheme through the ebrd to provide reinsurance capacity for international reinsurers and ukrainian insurance companies to cover war related risks in ukraine supports re-engagement of international reinsurers in the ukrainian war insurance market and has attracted market interest with international reinsurer ms amlin joined by three ukrainian insurance companies: ingo, colonnade and uniqa dublin , dec. 12, 2024 /prnewswire/ -- aon plc (nyse: aon), a leading global professional services firm, and the european bank for reconstruction and development (ebrd) have structured a tailor-made and highly innovative facility supporting the revitalization of the war risk insurance market in ukraine. with support from aon, the ebrd has launched a new guarantee designed to boost the provision of reinsurance capacity to private sector insurers, addressing the ongoing challenges posed by the war.
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