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Ukraine war risks market set to expand after reinsurance deal

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Ukrainian insurers are looking to expand war risks cover for businesses following the announcement of a new €110m (£91m) reinsurance facility last week, put together by Aon and the European Bank for Reconstruction and Development.

The Ukrainian insurance market has consolidated significantly since the Russian invasion in February 2022. 

Twenty-three insurers have withdrawn from the market as the Ukrainian regulator, worried

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