Geopolitical
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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…
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AM Best raises Zurich’s outlook to stable
AM Best has revised its outlook for the non-life insurance operations of Zurich Insurance Group from negative to stable on…
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Global rates fall again but rises on the way for cat risk: Marsh
Global commercial insurance rates fell for the 18th consecutive quarter in Q3 2017 according to data from Marsh. However, the…
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Cat-hit lines to see up to 25% rate increases: Talanx
Natural catastrophes cost Talanx Group €1bn in the first nine months of this year, mainly affecting its industrial lines business…
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Political risk: Insights for your firm
Today, as many businesses wonder how to thrive amid political uncertainty, companies with experience in emerging markets can offer insights…
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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…
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Burundian constitutional plans increasing civil war risk
Constitutional changes proposed in Burundi would signal the effective end of cross-party and ethnic power-sharing in Burundi, established by the…
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Ironshore ups political risk capacity for APAC amid ongoing uncertainty
Specialty insurer Ironshore has expanded its political risk business lines in Asia-Pacific, by increasing capacity for its Singapore-based political risk…
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Confidence down at UK multinationals as risk ‘blindspots’ surface
As UK multinationals report a marked drop in confidence levels in response to political and economic upheaval driven, in part,…
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New approach needed for growing political risk
Companies need to take a more structured approach to managing growing geopolitical and economic uncertainty, according to a panel debate…
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Everest Re launches Dublin-based non-life insurer
Everest Re Group has established a non-life insurer in Ireland, based in Dublin, to write a range of specialty commercial…
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Political change in US and Europe has ‘blindsided’ risk managers: survey
Unexpected political movements in Europe and the US during 2017 have “blindsided” global companies, with nine out of ten executives…
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XL Catlin Iberia expands into political risk
XL Catlin’s Iberia operation will begin underwriting political risk insurance after appointing Santiago Herrero as head of political risk, credit…
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Multinationals consider implications of UN sanctions on N Korea
The ongoing escalations between North Korea and the rest of the world took another step when the United Nations (UN)…
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Validus Specialty renews PRI binding authority at Lloyd’s
Validus Specialty Underwriting has announced the renewal of its political risk insurance (PRI) binding authority from its New York office,…
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Initial hurricane Harvey loss estimates up to $20bn
Hurricane Harvey, which made landfall in Texas on Friday and is still causing heavy rains and flooding in the southern…
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Elborne Mitchell appoints new partner
London law firm Elborne Mitchell LLP has appointed David Murphy as partner, where he will add to the firm’s core…
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Markel opens new trade credit office in Chicago
Markel Corporation has announced the launch of a new trade credit and political risk operation in Chicago. Christen Mizell will…
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Tough times and heightened political risk continue across Sub Saharan Africa
A number of African countries, including Niger, Algeria, Nigeria and Angola, will begin to move towards a more negative outlook,…
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Kenyans nervous as five die following election results
Five people have died in Kenya following Tuesday’s election and the reported lead of sitting President Uhuru Kenyatta Opposition leader…