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Expansion to €150 million helps deliver more than €500 million reinsurance coverage, Aon says MS Amlin renews €80 million participation and raises total support to €130 million Facility now covers gas-related asset transport and temporary warehouse inventory goods By Navneeta Nandan Oct 13 (The Insurer) — Aon and the E
Wiener Versicherung Gruppe’s Ukrainian non-life subsidiary USG joined the Aon-EBRD Ukraine Recovery and Reconstruction Guarantee Facility. USG gains additional reinsurance capacity for war-related risks as the facility expands to EUR 150 million from EUR 110 million. Facility has enabled more than EUR 500 million of re
Oct 13 (Reuters) — Aon PLC: Aon And The European Bank For Reconstruction And Development Expand War Risk Insurance Facility For Ukraine Aon - Co And Ebrd Expand Guarantee Scheme To €150 Million For War Risk Reinsurance In Ukraine Source text:... Further company coverage: AON.N (Reuters.Briefs@thomsonreuters.com)
Aon expanded its Ukraine war-risk insurance facility with the EBRD, lifting the guarantee scheme to EUR 150 million from EUR 110 million. Facility provides reinsurance capacity for war-related risks in Ukraine via an EBRD guarantee to MS Amlin covering losses on local underwriting. Program has generated more than EUR 5