Insurance costs against government defaults driven up by falling oil prices in Middle East: Chaucer

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Reinsurance News - Dec 09, 2024

The cost of insuring against sovereign debt defaults in the Gulf states has risen significantly over the past year, bucking the global trend, according to new research from Chaucer, a global specialty re/insurance group. This increase comes despite an overall 15% decline in the cost of Credit Defaul...

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