RWI underwriters move to cut and exclude Ukraine-Russia exposures: CAC
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RWI underwriters move to cut and exclude Ukraine-Russia exposures: CAC

Farhin Lilywala
March 18, 2022
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Ukrainian troops and tanks in Eastern Ukraine.
Photo: Alamy

As Russia’s invasion of Ukraine continues, underwriters in the representations and warranties insurance (RWI) market are limiting or eliminating their exposure to risks in the affected areas, a report has found.

Underwriters have resolved to either decline deals in the region entirely or implement severe exclusions to mitigate risk, according to the report from CAC Specialty.

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Topics

News Specialty lines Transactional liability
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Farhin Lilywala
Section Editor, Distribution & Specialty
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