All Political Risk articles
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NewsPolitical Risk in 2024: tensions rise as US election looms – HIVE
David Langran, class underwriter, HIVE Underwriters, highlights how the 2024 US Presidential election and rising global conflicts are intensifying political risk, requiring underwriters to navigate growing uncertainties and manage exposures with care.
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NewsKita, TMK partner to provide political risk cover for carbon credit projects
Lloyd’s coverholder Kita has secured re/insurer Tokio Marine Kiln as lead capacity provider for the launch of a political risk product aimed at high-growth carbon markets.
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NewsInternational order ‘in decline’ – WTW political risk report
A political risk insurance report from the broker highlights the decline of consensus on the liberal international order, summarising it as at best, ‘lukewarm’.
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NewsGeopolitical tensions highlight supply chain exposures – Marsh McLennan forum
Current tensions stress the importance of understanding supply chain exposures, Lord Sedwill, a cross-bench peer from the UK’s upper house of Parliament, told the Marsh McLennan Rising Professionals’ Global Forum 2024.
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News“Grey zone” losses prompt action – WTW geopolitics report
Some 47% of firms have experienced a political risk loss in excess of $50m, broker WTW warned, and 96% said they have invested in political risk management capabilities.
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NewsGuy Carpenter appoints Chu as credit, bond and political risk MD for APAC
Chu joins the reinsurance broker from Partner Re, where he was head of financial risks for Asia Pacific.
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NewsPV fears on the rise globally – Allianz Commercial
Some $13bn in economic and insured losses came from just seven civil unrest incidents in recent years, according to a report by Allianz Commercial on political violence and civil unrest.
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NewsAntares syndicate launches credit and political risks Lloyd’s consortium
The maximum line for the consortium will initially be $40m. Antares will lead with a 75% line with the remaining 25% provided by other Lloyd’s carriers.
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News‘Holiday from history’ is over – Howden geopolitical risk report
A record number of elections in 2024, amid escalating geopolitical risks, underscore the value of political violence and political risk insurance, Howden emphasised.
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NewsPolitical risk market “pivots” away from emerging markets – WTW
WTW grew its credit and political risk insurance portfolio by 25% last year, the broker has revealed in its CPRI Capacity Survey and Market Update 2024, but the market is increasingly turning to developed economies and multilaterals.
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NewsBroker CHC Global gains Lloyd’s broking licence
CHC Global hits major milestones to become a Lloyd’s Broker and directly regulated by the FCA.
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NewsRising political risk for emerging market manufacturing hubs - Verisk Maplecroft
Heightened political risks are overshadowing a ‘friendshoring’ shift, according to report data from Verisk Maplecroft.
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NewsCyber leads Allianz Risk Barometer in 2024
Data breaches, attacks on critical infrastructure or physical assets and increased ransomware attacks drive cyber concerns, in the German insurer’s annual paper on the global risk landscape.
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NewsMGA Optio adds political violence, terrorism capacity
Specialty MGA has partnered with a US carrier to deploy fresh political violence capacity, reflecting greater appetite for the standalone insurance business, as buyers seek protection from terrorism and civil unrest risks, and reinsurers eye recent SRCC losses with concern for 1/1.
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NewsDebt-distressed countries turning to non-traditional bailout options – WTW
A report from WTW’s political risk index focuses on an escalating debt crisis in emerging markets.
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NewsReinsurers back Galápagos marine conservation credit deal
Axa XL, Fidelis MGU, Chubb Global Markets, Sovereign Risk Insurance, Mosaic, Coface and others are providing reinsurance coverage.
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NewsPolitical risk is now everyone’s risk – WTW
Nine in ten companies suffered a political risk loss in the past year, according to a WTW report.
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NewsPolitical violence hotspots are matching nat cat losses – Howden Tiger
A political violence report from Howden Tiger warns that insured losses from strikes, riots and civil commotion in certain hot spot territories now comparable to major natural disasters.
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NewsDWIC 2023: Plenty of cause for industry optimism
Despite choppy environmental, economic and geopolitical conditions, there are green shoots of opportunities for the industry
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NewsClimate change ‘most pressing issue’ for African insurers - CEO survey
Financial risks are topping the list of challenges facing the 54 African economies in the year ahead
