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New tariffs raise risk for insurers amid market volatility: LMA

Summary by ReinsuranceNe.ws
Elizabeth Wooliston, Underwriting Director at the Lloyd’s Market Association, has noted that the tariffs recently imposed by U.S. President Donald Trump could have significant implications for insurers, including potential supply chain adjustments and shifts in overall profitability. Wooliston noted that the effects on insurers will vary, as increased uncertainty and market volatility heighten business risks. For those unaware, the U.S. administ…
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Yield PRO broke the news in on Friday, April 4, 2025.
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