Geopolitical
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Howden calls for more CPRI capacity as research suggests 33% rise in demand
Howden is calling for new entrants in the credit and political risk insurance (CPRI) market and existing players to step…
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EU steps up Russian sanctions with 189 additional shadow fleet vessels
European legislators have adopted new sanctions against Russia, increasing the number of sanctioned vessels in Russia’s shadow fleet of oil…
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US tariffs dent exporters’ outlook on growth and risks, warns Allianz Trade
The majority (60%) of exporters expect a negative impact from the trade war and 45% expect lower turnover, according to…
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UK government urged to move faster on cyber risk to protect business
The UK government is struggling to keep up with fast-changing cyber risk and deliver a fit-for-purpose regulatory response to protect…
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Markel offers cyber war cover wrap for large corporates
Markel has launched a specialist cyber product providing cover of up to $5m for indirect losses arising from war to…
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Ferma urges risk managers to develop risk foresight
Ferma is calling on risk managers to tackle short-term thinking on risk and develop “foresight capabilities” to better prepare their…
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UK sanctions 100 more vessels in Russia’s shadow fleet
The UK government is sanctioning up to 100 oil tankers that form part of Vladimir Putin’s shadow fleet and that…
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Shipowners back Denmark’s plan for state-backed war insurance scheme
Danish shipowners have backed government legislation for a war insurance scheme to guarantee that Denmark’s merchant fleet can remain operational…
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US policies driving political risk concerns for 2025: Willis
Almost 60% of businesses anticipate a negative financial impact from US tariffs and trade wars, according to Willis’s Political Risk…
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Marsh launches tariff simulator
Marsh McLennan has launched a tariff simulator to help clients manage supply chain risk. The simulator is an enhancement to…
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Verisk releases model to quantify US SRCC impact
Verisk Maplecroft is releasing a model to help quantify the financial impacts of strikes, riots and civil commotion (SRCC) in…
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UK risk managers feeling impact of US tariff uncertainty
The majority (72%) of UK risk managers say US tariffs are impacting their organisation, according to a survey by Airmic.…
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McGill’s Ukrainian war risk facility attracting ‘broad’ interest
McGill and Partners’ new war risk facility for commercial property in Ukraine is attracting broad interest, including from some foreign…
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French buyers enjoy friendlier political violence market despite geopolitical tensions
Even though geopolitical tensions are on the rise, the market for political risk and violence insurance is much more favourable…
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France proposes political violence pool and risk managers for local governments
The French government has announced plans to set up a new insurance regime to provide cover for social unrest facing…
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Allianz Commercial warns of rise in civil unrest
Insurers are calling on businesses to be more resilient to the risk of political violence amid a worrying rise in…
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Cybersecurity polls as top risk for global manufacturers
Cybersecurity is the greatest risk to manufacturing firms over the next three to five years, cited by more than half…
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AXA XL hires Tenderich to lead German specialty growth
AXA XL has announced the appointment of Matthias Tenderich as head of specialty for Germany and hopes he will lead…
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Irish litigation over Russia-leased jets ‘all but settled’
Ireland’s High Court has confirmed that the remaining cases brought by aircraft lessors claiming insured losses for jets stranded in…
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French insurers back political violence pool for local governments
France’s insurance association has backed the creation of a public-private partnership (PPP) that would see the state provide a backstop…