All Political Risk articles
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Reinsurers 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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Political 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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Political 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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DWIC 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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Climate 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
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Tipping towards disaster
In this ever-more destabilised world, the post-Cold War rules no longer apply, explains Dragonfly’s Henry Wilkinson
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S&P: Lloyd’s strong underwriting performance overshadowed by investment losses
Rating agency expects Lloyd’s underwriting results to remain in line with a 95% net combined ratio for year-end 2022
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Munich Re reveals €130m of drought losses in Q2
The reinsurer generated a profit of €1.4 billion in the first six months of the year driven by strong organic growth in property-casualty reinsurance.
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Gallagher buys crisis and risk management consultancy
AnotherDay provides crisis expertise across political risk/political violence, D&O and criminality, and cyber
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Axa braces for Ukraine-Russia claims
Some of the insurer’s crisis management policies have been ‘triggered’, reveals group chief financial officer
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Ukraine fall-out and new ransomware tactics elevate cyber risks
The maritime sector and satellite infrastructure are sectors most likely to be targeted by cyber criminals
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Russian gas cut-off would be uninsured - Fitch
Businesses suffering losses in such a scenario may be able to claim under political risk policies, but it would not be straightforward
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Sovereign names new president as Lowenstein retires
Natalie Chiaramonte was previously COO of Chubb’s political risk re/insurance subsidiary
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Lloyd’s warning over state-sponsored cyber attacks
Cyber attacks targeting critical infrastructure rose from less than 10 in 2013 to almost 400 in 2020
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Pool Re warns of ‘perfect storm’ in geopolitics
Power games are increasingly being fought on multiple levels beyond physical conflict, including cyber warfare
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Renewables face billions of dollars in Ukraine losses - PCS
Conflict in Ukraine has potential to become an ’industry-defining event’ for the global renewables re/insurance sector
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“No room for complacency” in shipping industry
Crew and port congestion challenges and the war in Ukraine are among the challenging headwinds - AGCS
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Fitch lowers reinsurance sector outlook to neutral
Russia-Ukraine war represents a “mid-sized catastrophe event” as hard market begins to ease
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PCS: Ukraine losses to exceed $20 billion
Ultimate losses will likely be much higher with potential for the conflict to surpass 9/11
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Marine war, property and aviation exposed to Ukraine losses
With ports closed and commercial shipping activities reduced, less impact on marine liability is anticipated - Miller