GDP at risk from geopolitical and security threats in leading cities up 16%

GDP at risk from geopolitical and security threats in leading cities up 16%

GDP at risk from geopolitical and security threats in leading cities up 16%

Annual GDP under threat from geopolitical and security risks to the world’s largest cities rose by 16% in the past year, according to research by the Centre for Risk Studies at the Cambridge Judge Business School. Its 2018 Global Risk Index, upon which the Lloyd’s City Risk Index published this week is based, the centre finds that interstate conflict, which…

Aon’s 2018 maps show political violence and risk on the rise

Aon’s 2018 maps show political violence and risk on the rise

Aon’s 2018 maps show political violence and risk on the rise

Political violence risk has increased worldwide for the third year in a row, while broader political risk is also up, according to analysis by Aon. The broker’s newly released 2018 political risk, terrorism and political violence risk maps also suggest that the global threat posed by Islamic State (IS) has peaked, with its reach likely to fall in 2018. Political…

European commercial rates fall despite first global increase for five years: Marsh

European commercial rates fall despite first global increase for five years: Marsh

European commercial rates fall despite first global increase for five years: Marsh

Global commercial insurance rates rose for the first time in five years during the last quarter of 2017, almost exclusively due to a rise in property premiums, according to Marsh’s Global Insurance Market Index. But while rates were up 0.9% in the UK, they fell by 1.1% on average in continental Europe despite the pace of decline slowing. Marsh said…

Marsh’s 2018 political risk map suggests choppy waters ahead for multinationals

Marsh’s 2018 political risk map suggests choppy waters ahead for multinationals

Marsh’s 2018 political risk map suggests choppy waters ahead for multinationals

Turbulence in political risk – particularly Brexit negotiations, trade protectionism and the North Korea missile crisis – will continue into 2018 and feature high on the agenda of multinationals, Marsh said on publishing its Political Risk Map 2018 with BMI Research. In Europe, the political risk landscape continues to be dominated by the UK’s exit from the European Union and…

Good service pays dividends as GIC Re South Africa continues growth trajectory

Good service pays dividends as GIC Re South Africa continues growth trajectory

Good service pays dividends as GIC Re South Africa continues growth trajectory

Good service, expertise and capacity have proved a winning formula for GIC Re South Africa, which has seen another year of growth despite challenging times in the South African insurance sector. Deepak Prasad, managing director and CEO of GIC Re South Africa, said: “Internationally, it has been very different from one market to another this year because of the global…

Unpredictable political leaders will cause ‘profound uncertainty’ in 2018, warns Control Risks

Unpredictable political leaders will cause ‘profound uncertainty’ in 2018, warns Control Risks

Unpredictable political leaders will cause ‘profound uncertainty’ in 2018, warns Control Risks

Risk managers and business will face “profound uncertainty” in 2018, as increasingly unpredictable behaviour from a rising number of national political leaders ushers in a period of geopolitical fragility, according to Control Risks’ 2018 RiskMap. The annual political and security risk map, published this week, warns that such behaviour is making it extremely difficult for companies to plan ahead. It…

West Africa looks buoyant for 2018

West Africa looks buoyant for 2018

West Africa looks buoyant for 2018

Political uncertainty ahead of Nigeria’s 2019 presidential elections and ongoing security concerns are among the key risks for businesses operating in the region, according to Control Risks. However, in its annual political and security risk forecast RiskMap, the report authors found that as Nigeria exits the recession of 2017, investor sentiment across west Africa is likely to experience uplift in…

Risks continue to impact east Africa

Risks continue to impact east Africa

Risks continue to impact east Africa

Despite Kenya emerging from a protracted presidential election process and seeing a return to political stability, challenges remain, according to Control Risks. In its annual political and security risk forecast RiskMap, Control Risks reveales challenges will persist in 2018 for organisations operating in the country and east Africa more widely. High debt levels in Kenya and unpredictable policymaking in Tanzania…

Political uncertainty and instability tops southern Africa risks

Political uncertainty and instability tops southern Africa risks

Political uncertainty and instability tops southern Africa risks

Political uncertainty through transitions and instability are among the key risks for businesses in southern Africa in 2018, according to Control Risks’ annual political and security risk forecast RiskMap. Control Risks’ senior partner for southern Africa George Nicholls said: “2018 will see continued uncertainty around political leadership in our southern African markets. The transitions in Zimbabwe and Angola in 2017,…

ATI launches services in Zimbabwe

ATI launches services in Zimbabwe

ATI launches services in Zimbabwe

Credit insurer African Trade Insurance Agency (ATI) has launched its services in Zimbabwe, after signing an agreement with the central government. ATI’s chief executive officer, George Otieno, said ATI is committed to providing solutions that could help unlock much-needed investments into the country. Zimbabwe became a member of ATI in late 2016 and has since benefited from more than $300m…

1 2 3 5