Trend | Range |
---|---|
Flat to +20% (Flat for anniversaries of multi-year policies if no change in sub-limits; increases between +5% to +20% for renewals other than China; for China-driven programs, upwards to +30%.) |
Overall, the political risk insurance market remains a hard market with the following emerging dynamics:
We encourage clients with exposures abroad to proactively consider political risk-transfer options for their country
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