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Conflict in the Ukraine We’re in it together, whether we like it or not by Andy Schwartze As the tragic events in the Ukraine continue to unfold, it’s only natural to wonder how the ongoing devastation will impact the insurance world once a resolution is reached in the distant future. As history has shown us, rebuilding a war-ravaged nation is no easy feat. It takes years of labour, materials, and patience—hence why insurance contracts in western countries all contain “war” exclusions that omit this type of damage from their insurance coverage. The responsibility rests on the backs of the affected communities and their governments.
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