UK-based reinsurer MS Amlin has committed up to €110 million in reinsurance capacity over five years to support war risk policies underwritten by three Ukrainian insurers through a scheme developed with the European Bank for Reconstruction and Development (EBRD) and professional services firm Aon.
MS Amlin said it had bound the €110 million Ukraine Recovery and Reconstruction Guarantee Facility, announced in December, committing €80 million in reinsurance capacity under the scheme, increasing to €110 million over five years to support war risk policies underwritten by INGO, Colonnade, and UNIQA.
