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Dan Callow: A soft market for Political Violence; War and SRCC risks loom large
Dan Callow is lead underwriter for political violence, terrorism and war lines of business at specialty insurer and reinsurer IQUW. The political violence market can be characterised as competitive. Pricing is soft and driven by a growing number of insurance companies collectively offering a large volume of direct and facultative capacity. The underlying risks are best described as volatile, with a lot of exposure to war and civil unrest risks in hotspots like the Middle East.
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