Terrorism
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Recent European terror attacks don’t signal increased risk, say analysts
Despite recent attacks in the UK, Sweden and Germany, terrorism risk is not increasing in Europe, according to political risk…
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Terrorism and political violence at four year high warns Aon
Worldwide terrorism and political violence is at its highest level since 2013 as global terror attacks increased 14% last year,…
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Coface sees global business confidence growing but political risk widespread
Despite persistent political risk, business confidence is reported to be growing in the advanced economies, and financial markets are buoyant.…
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London attack to spark further demand for widening terror cover
Insured losses from the horrific terror attack on central London this week will be small, but the attack is likely…
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WeSpecialty launches comprehensive political risk and terror solution as market tightens
WeSpecialty, the fast-growing Paris-based specialty managing general agency backed by a number of leading Lloyd’s insurers offering capacity to French…
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Pool Re to extend property cover to cyber terror attacks
Pool Re, the UK’s government-backed terrorism reinsurance fund, is interested in extending cover to include physical damage from cyber terrorism,…
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Pool Re reinsurance renewal increases limit to £2bn
Pool Re, the UK government-backed mutual terrorism reinsurer, has increased its commercial reinsurance cover to £2bn, compared with the £1.95bn…
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Ethiopia dam attack attempt not viable threat but indicates increased terrorism risk
A planned attack against Ethiopia's Grand Renaissance Dam (GRD) hydroelectric project was thwarted by security forces on 1 March, according…
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Changes to TRIPRA in US will impact captives in 2017
Changes to the 2015 US Terrorism Risk Insurance Program Reauthorization Act (TRIPRA), such as raising the programme trigger and increasing…
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Business votes digital risks as top three disruption threats
Digital risks rank as the top three interruption threats in a recent survey of global businesses, undertaken by the Business…
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Ironshore International ups capacity on terrorism & sabotage programmes
Ironshore International has increased capacity on its Terrorism & Sabotage programmes to $400m from the current $375m limit, effective immediately.…
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Risk management key as 2017 to be difficult year for strategic planning
This year will be one of the most difficult for businesses’ strategic decision making since the end of the Cold…
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New London e-platform gains momentum
A total of 1,600 risks have been placed using the London market electronic trading platform PPL since it launched in…
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Virtual terrorism and CBRN threat grows
Islamic terrorists are moving online as they come under increasing pressure on the ground, according to a report by UK…
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Buyer’s market for US commercial insureds will last through 2017
This year will be another commercial insurance buyer’s market in the US, according to the Wells Fargo Insurance Market Outlook…
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Berkshire Hathaway expands to Malaysia and makes plans for Japanese cat market
US-based insurance and reinsurance group Berkshire Hathaway continues its energetic drive into the corporate insurance market in the Asia-Pacific region,…
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Hiscox and Control Risks launch security risk insurance
Hiscox has teamed up with risk management consultancy Control Risks to unveil a new insurance policy for security risks including…
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StarStone establishes MGA joint venture in Dubai
StarStone, the global specialty insurer and subsidiary of Enstar Group, has formed a joint venture partnership with Malakite Underwriting Partners,…
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Barbican Insurance appoints terrorism underwriter
Barbican Insurance Group has boosted its terrorism team with the appointment of Charlotte Pritchard as terrorism underwriter. Ms Pritchard joins…
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Asia is kidnap capital of the world
A 10% increase in the global share of kidnappings that took place in Asia in 2016 consolidated the region’s status…