View of a civilian building damaged following a Russian rocket attack the city of Kyiv, Ukraine. The conflict has created the fastest-growing refugee exodus to Europe since World War II, with approximately three million people fleeing Ukraine in the early weeks of the crisis. (Photo: Drop of Light/Shutterstock)

The impacts of the Ukraine conflict can be felt around the globe, and a new report from Lloyd’s and Aon examines how they will affect businesses long-term and the steps needed to mitigate some of the risks. For ‘Ukraine: A conflict that changed the world’, researchers interviewed 75 risk and insurance professionals to understand the challenges and changes associated with the conflict and how companies are adjusting their risk management strategies as a result.

The report identifies four ‘macro themes’ that are shaping the risk landscape. These include:

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Patricia L. Harman

Patricia L. Harman is the editor-in-chief of Claims magazine, a contributing editor to, and chairs the annual America's Claims Event (ACE), which focuses on providing claims professionals with cutting-edge education and networking opportunities. She covers auto, property & casualty, workers' compensation, fraud, risk and cybersecurity, and is a frequent speaker at insurance industry events. Contact her at [email protected]

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