DECRYPTION – To support the reconstruction of the country, the EBRD is launching a guarantee program financed to the tune of 110 million euros by several countries, including France.
Also prepare for the post-war period in Ukraine. « It is important to support Ukraine and help it win militarily, but it is also important to lay the foundations for the recovery and reconstruction of the country, now »explains Michel Francis Malige, director for financial institutions at the European Bank for Reconstruction and Development (EBRD). To encourage private companies to support and rebuild Ukraine, the European public institution is getting involved financially. It has just launched a guarantee program, financed to the tune of 110 million euros by several countries, including France, to help Ukrainian insurers cover risks linked to the war. « War risk is commonly covered in marine and aviation insurance, but not in other insurance sectors »justifies Francis Malige.
Indeed, most major international reinsurers
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France
