Latest Political Risk Headlines

All the headlines from our Political Risk Topic Page, ordered by recency.

Sturrock Named Sr. VP in Marsh’s Political Risk and Structured Credit Practice

May 4 2016 // Marsh announced that Abbey Sturrock has joined the firm’s Political Risk and Structured Credit Practice as a senior vice president within the Public Agency Group.Based in London, Sturrock is responsible for...

XL Catlin Names Huang as Asia U/W Manager, War, Terrorism & Political Violence

May 2 2016 // XL Catlin’s insurance operations announced that Carrie Huang has been promoted to the position of Asia underwriting manager for War, Terrorism and Political Violence.Based in Singapore, she will be responsible for...

XL Catlin Names Zurich’s Riordan to Head Global Political Risk, Trade Credit Unit

Apr 22 2016 // XL Catlin has appointed Dan Riordan as president, Global Political Risk & Trade Credit (PRTC), reporting to Neil Robertson XL Catlin’s chief executive, Global Specialty, Insurance.The appointment also marks a...

Heaven Moves from Aon to Markel International’s Credit & Political Risk Division

Apr 20 2016 // Markel International, the London-based specialist insurer and subsidiary of Markel Corp., has appointed Lida Heaven as an underwriter in its trade credit and political risk division.Heaven previously worked as a political...

Europe Terrorist Attacks in 2015 ‘Most Lethal’ in Nearly a Decade: Aon Risk Map

Apr 13 2016 // As terrorists increasingly target private citizens and public gatherings, last year marked the most lethal year for terrorist violence in Europe in nearly a decade, according to Aon Risk Solutions’ 2016 Terrorism and...

ArgoGlobal Appoints Summers as Credit and Political Risks Underwriter

Apr 5 2016 // ArgoGlobal, the Lloyd’s insurer and member of Argo Group, announced the appointment of Andrew Summers as credit and political risks underwriter.He will report to Jeremy Shallow, credit and political risks class...

ISO to Collect Terrorism Insurance Data for Treasury

Apr 4 2016 // The property/casualty insurance data and rating organization ISO will collect and help analyze terrorism data this year for the U.S. Department of the Treasury, the federal agency charged with gauging the effectiveness of...

Kenya Re Expects to Sell More Political Risk Cover in 2017, Boosting Earnings

Mar 31 2016 // Kenya Reinsurance Corp., the country’s only publicly traded reinsurer, expects increased political risk linked to presidential elections in the East African nation next year to boost earnings, Chief Executive Officer...

ISO to Collect Terrorism Insurance Data for Treasury

Mar 28 2016 // The property/casualty insurance data and rating organization ISO will collect and help analyze terrorism data this year for the U.S. Department of the Treasury, the federal agency charged with gauging the effectiveness of...

Re/Insurers Must Respond to Evolving Terrorist Risk with Relevant Products: JLT

Mar 25 2016 // The re/insurance industry is failing to respond to the growing global terrorist threat with products that meet the needs of their clients, according to a report published by JLT Re and JLT Specialty Ltd.Indeed, evidence...

Ironshore Bolsters War & Terrorism Offering in Asia Pacific with Hill Appointment

Mar 9 2016 // Ironshore International announces that James W. Hill has been named underwriting manager of Terrorism, Political Violence and War for the Asia Pacific region.Hill, who joins Ironshore from Willis Ltd., will be based in...

U.S. Treasury Seeks Terrorism Data from Insurers

Mar 4 2016 // The U.S. Department of the Treasury’s Federal Insurance Office (FIO) is requesting that insurers voluntarily submit insurance data regarding their participation in the Terrorism Risk Insurance Program (TRIP).The...

Allied World Offers Trade Credit & Political Risk Products in Canada

Feb 12 2016 // Allied World Assurance Company Holdings AG announced its suite of trade credit & political risk insurance products are available in Canada, as part of the Global Crisis Management Division.This coverage helps clients...

U.S. Victims of Mexican Drug Gangs Sue HSBC Bank Under Anti-Terrorism Act

Feb 10 2016 // Families of U.S. citizens murdered by drug gangs in Mexico sued HSBC Holdings Plc, claiming the bank can be held responsible for the deaths because it let cartels launder billions of dollars to operate their businesses.The...

Cobalt, Chaucer Offer 1st Lloyd’s Shariah Compliant Political Violence Cover

Feb 2 2016 // Shariah compliant managing general agent Cobalt Underwriting has launched a new political violence product backed by Chaucer.Cobalt, the London market’s only Shariah compliant underwriting agency, will offer the...

EU Security Chiefs Warn that Terrorist Attacks Highly Likely in Europe

Jan 26 2016 // Islamic State and other militants are very likely to attempt big new attacks in Europe following those in Paris, the EU’s police agency said on Monday, echoing previous warnings by senior security officials.The...

Hiscox Adds Property Damage Protection to Terrorism Insurance Product

Jan 22 2016 // Hiscox has enhanced its stand-alone terrorism portfolio by adding new products covering property damage from malicious attacks utilizing nuclear, chemical, biological and radiological (NCBR) devices. Hiscox NCBR policies...

ArgoGlobal Appoints Shallow as Credit & Political Risks Underwriter

Jan 8 2016 // ArgoGlobal has appointed Jeremy Shallow as Credit and Political Risks Class underwriter. He takes up his position with immediate effect, reporting to John Moffatt, head of Specialty.Shallow joins the company from Aspen...

China Anti-Terrorism Law Raises Implementation Concerns: European Chamber

Dec 31 2015 // The vague wording of China’s new counter-terrorism law raises concerns about how telecommunications carriers and network service providers will be expected to implement the regulations in practice, the European...

Ironshore Launches Hybrid Product for Fine Art Losses from Political Risks

Dec 2 2015 // Ironshore International has introduced a hybrid insurance product to protect against loss or damage of works of art in the care custody and control of Museums and Exhibition organizers, as well as personal fine art...