Economic Shocks From Ukraine Invasion Fallout
February 28, 20223 min
AM BestĀ believes that Russiaās invasion of Ukraine likely will impact the global insurance industry substantially in the near to midterm, particularly given the significant fallout in the capital markets and potential for widespread cyber attacks. In itsĀ Bestās Commentary, āSignificant Implications of Ukraine Invasion on Global Insurance Industry,ā AM Best notes that invasion has had an immediate negative impact on the stock markets worldwide; continued volatility remains likely, challenging efforts by the global central banks and...