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flag Lloyd's of London warns $14.5 trillion global economic loss from hypothetical geopolitical conflict mainly due to trade disruptions.

flag Lloyd's of London warns that a hypothetical geopolitical conflict could result in a $14.5 trillion loss for the global economy over five years, primarily due to trade route disruptions. flag Such instability affects supply chains and could lead to significant economic consequences for businesses. flag Insurance options like political risk and war risk coverage are recommended to mitigate these risks. flag The Ukraine-Russia conflict exemplifies the potential impact on global trade and energy supplies.

6 months ago
19 Articles