Ukraine war insured P&C loss could be close to $15bn: WTW
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Ukraine war insured P&C loss could be close to $15bn: WTW

Luke Harrison
April 08, 2022
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Kyiv, Ukraine. 02nd Mar, 2022. View of a civilian sports club gym and sporting goods store damaged following a Russian shelling attack on the city of Kyiv as Russian forces launch full-scale invasion of Ukraine since February 24th. Credit: SOPA Images Lim
Photo: Alamy Stock Photo

Insured P&C losses stemming from the war in Ukraine could potentially be close to $15bn, according to WTW’s most recent Marketplace Realities report.

However, the broker said the industry is more than ready to handle the $15bn in losses the Ukraine crisis could yield, as policyholder surplus has surpassed $1tn, while net income is at “unprecedented” levels.

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