Geopolitical
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November 1, 2023
Fears over ability to deal with emerging risks as AI shoots up AXA ranking
Risks from artificial intelligence (AI) and big data have shot up the ranking in AXA’s latest Future Risks Report to…
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October 31, 2023
Gard partners with DNK for war risk support
P&I insurer Gard has launched a war risk service for clients with specialist war risk insurer the Norwegian Shipowners’ Mutual…
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October 30, 2023
Israel will compensate ships for war damage
The Israeli government said it will compensate shipowners for any damage incurred as a result of the war with Hamas.…
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October 27, 2023
War risks no longer covered in Lebanon as Hamas-Israel war spills over
War risks are no longer covered by new insurance policies following the outbreak of conflict between Hamas and Israel as…
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October 25, 2023
Coface throws doubt on soft landing
French credit insurer Coface has warned that rising insolvencies, the pressure of interest rates and cashflow problems among most sectors…
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October 12, 2023
Ukraine launches platform to measure war risks and help reconstruction
Ukraine has launched a data platform with the help of Marsh to allow insurers, investors and governments to analyse war…
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October 10, 2023
Gallagher Re launches global political risk team with new hires
Broker Gallagher Re has appointed Jonathan Allard as managing director to head its new global credit and political risk team…
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October 4, 2023
French companies investing in Ukraine will be covered for war risks
France has agreed to insure companies investing in Ukraine’s reconstruction through state-owned insurer Bpifrance Assurance Export, according to a statement…
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September 25, 2023
Inflation drives rise in political violence in Latin America, warns Chaucer
Protests and riots in Latin America recorded a 6% uptick in 2022/2023 to 5,575 events, according to global specialty insurer…
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September 22, 2023
Evolving modern slavery risk poses mounting supply chain challenges
Modern slavery and human trafficking is on the rise and evolving, creating new and challenging supply chain risks, according to…
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September 19, 2023
Cyber, human capital and macroeconomics top risk list for European auditors
Cyber, human capital and macroeconomic uncertainty are the three biggest risks contributing to a polycrisis for businesses in Europe, according…
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September 7, 2023
Verisk develops predictive model for civil unrest
Verisk Inc said its risk intelligence business, Verisk Maplecroft, has developed a predictive model for the strike, riots and civil…
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September 7, 2023
Fiedler calls for withdrawal of blanket exclusions to back Ukraine reconstruction
German risk and insurance managers have called on the insurance and reinsurance market, potentially with state support, to reconsider its…
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September 5, 2023
Geopolitics, cyber, nat cats and battle for talent big risks for Belgian firms
Geopolitics, cyber and natural catastrophes are among the biggest risks facing Belgian companies, agreed some of the country’s leading risk…
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August 22, 2023
Ukraine and insurers reportedly in talks over new export scheme
Ukraine is in discussions with international insurers to put in place a new scheme to cover grain shipments from Black…
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August 17, 2023
Black Sea war insurance impacted by instability
The availability of war insurance to shipping firms operating out of the Black Sea will be impacted by further instability…
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July 27, 2023
Average rate increases down to 5% in first half at Beazley
Beazley reported average rate increases of 5% for the first six months of 2023 from 18% at the same stage…
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July 25, 2023
Chaucer tracks 101% rise in insuring sovereign debt default
The cost of credit default swaps (CDS) has surged over investor concerns that global economic volatility has increased the risk…
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July 19, 2023
Supply chain issues ease at sea in 2023, says Miller
Shipping supply chain issues that dominated last year appear to have eased, according to Miller, but the broker warned that…
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July 14, 2023
BPL Global calls for war risk pool as open market solutions dry up
Specialist broker BPL Global has told Commercial Risk that it supports calls for governments to step in and create a…