Geopolitical
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Trade tensions to rise in 2020 and threaten political stability, finds Marsh risk map
Escalating trade tensions are expected to continue throughout 2020, causing persistent global political and economic uncertainty for multinational businesses, warns…
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BPL records surge in demand for credit and political risk cover within Europe
Demand for credit and political risk insurance (CPRI) has rocketed in Europe, with the region buying 75% more cover during…
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Extractive industries lead demand for credit and political risk insurance
The oil, mining, metals and extractive industries continue to make up the largest proportion of demand for credit and political…
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Civil unrest, conflict and trade wars to drive political risk in the 2020s
Corporates are being warned to expect an increase in conflicts, civil unrest and trade disputes in coming years, as political…
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TMK boost special risks team
Tokio Marine Kiln (TMK) has appointed Charlotte Pritchard as an underwriter within its special risks team. Ms Pritchard joins TMK…
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New head of trade credit, political risk and surety for Markel International
Markel International has appointed a new head of its trade credit, political risk and surety team. Carl Titterton has been…
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Hartford expands CPRI business through new London arm
US-based insurance group The Hartford has confirmed that it has opened a new credit and political risk insurance (CPRI) unit…
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All eyes on 1 April renewals following year-end hardening
Year-end insurance renewals were challenging for many European buyers as the market hardening accelerated in the last few weeks of…
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Nat cat insured losses return to below-average levels in 2019: Willis Re
Insured natural catastrophe losses of $53bn last year trailed the $65bn average of the past nine years and were 34%…
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Elevated levels of civil unrest to continue in 2020, warns Maplecroft
The world experienced a big increase in civil unrest during 2019 and this trend could be the “new normal”, according…
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Iran conflict fears ease but foreign firms advised to prepare for the worst
Foreign companies are being advised to prepare for ongoing volatility in the Middle East, but the risk of a wider…
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Risk managers with operations in the Middle East must brace for rising premiums as tensions boil over, says DWF
The Middle East crisis will see premiums rise exponentially in marine and other lines for companies operating in the region,…
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Neon to enter Lloyd’s run-off in 2020
Lloyd’s managing agency Neon Underwriting is being placed into run-off by its US owner American Financial Group (AFG). AFG said…
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Optio expands political violence and terror offering through Newbridge acquisition
Optio, the London-based MGA formed though the merger of Ascent Underwriting, Cove Programs and broker Bay Risk Services in September…
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Business faces ‘tougher’ challenges in 2020 as political risk map reveals top threats
The top five political and security risks facing businesses in 2020 are “more acute” and threaten to have a greater…
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Political risk damages confidence of UK financial services firms, finds CNA Hardy survey
Political risk is weighing on business confidence in the UK financial services sector, according to a survey by CNA Hardy…
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Five megatrends mean company directors face heightened D&O risk according to Allianz
Company executives are facing five “megatrends” that are set to create a heightened risk environment for D&O liability in 2020…
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Liberty Specialty Markets promises to be stable option for European buyers as market changes
Liberty Specialty Markets (LSM) will continue its push into Europe and be a stable partner for risk managers through changing…
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Do you, as a risk manager, know the key thing you are trying to protect?
As the world becomes more complex and change speeds up, risk managers will increasingly need to ensure their organisations are…
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Insurance market hardening into 1 January renewals
Insurance buyers in Europe face a hardening market in early 2020 renewals for many risks, but they are not looking…