All PV articles
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NewsEditor’s opinion-analysis: PV’s soft market has dodged a bullet; what will 2025 bring?
A $41m High Court case points to PV’s soft market traits despite the volatile geopolitical landscape, writes David Benyon, editor of GR.
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NewsFrom Mariupol to Gaza – measuring political violence losses with Charles Taylor Adjusting
Loss adjustment from warzones is a service in high demand, given the geopolitical state of the world in 2024, and the rising prominence of war, political violence and terrorism business among London market re/insurers.
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NewsRisk of US civil unrest highest level since BLM – Verisk Maplecroft
Verisk warned conditions are “on a par” with those just before the BLM protests and riots following the death of George Floyd in US police custody, which cost approximately $3bn in insured losses in 2020.
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NewsA new phase in the cycle begins – Howden Re’s Flandro
After a Goldilocks period for reinsurers, a new stage in the cycle is starting to take shape, with signs including lower interest rates and their effects on bond portfolios, David Flandro, Howden Re’s head of industry analysis and strategic advisory, told GR.
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NewsHowden Re pre Monte report focuses on innovation
Rapidly changing nat cat, political violence and casualty re/insurance situations mean point to a greater need for collaborative innovation, reinsurance broker Howden Re said.
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NewsDWIC Roundtable: The explosion of PV
Demand for political violence (PV) protection has risen across MENA markets, driven by geopolitical volatility, as well as growing client awareness about this nascent product. A roundtable on day two took a deep dive into an evolving market.
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NewsHarnessing California Workplace Violence law to tame, not inflame, social inflation
The California legislation sets a powerful new standard for workplace violence prevention, and with social inflation a concern among P&C insurers the industry is now standing at a crossroads, writes Yoni Sherizen, CEO and co-founder, Gabriel Protects.
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NewsEvolin launches terrorism broking facility with Chaucer
Broker facility, led by Chaucer, has a $500m limit per policy for terrorism plus optional coverages.
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NewsThe new PV reinsurance market hub in Dubai
There are at least ten active carriers or MGAs of political violence re/insurance operating from the Dubai International Financial Centre, one senior Dubai-based underwriter says.
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NewsGabriel using AI to prevent and respond to mass shootings
Artificial intelligence (AI) can be used for many things, but is responding to and preventing mass shootings its next frontier?
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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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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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NewsInsurers should brace for more civil unrest, warns new predictive SRCC model
Political violence risks have worsened globally since 2021, and 85% of US cities face high SRCC risks in next 12 months, writes Torbjorn Soltvedt, principal analyst at risk intelligence company Verisk Maplecroft.
