All the headlines from our Political Risk Topic Page, ordered by recency.
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...
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...
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...
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...
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...
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...
Nov 25 2015 // There has been a rise in demand for travel insurance due to recent terrorist attacks, according to an online seller of the coverage.Travel insurance comparison site InsureMyTrip said that since the attacks occurred in...
Nov 24 2015 // Parisian businesses struggling after the Nov. 13 attacks are likely to be able to make successful insurance claims, helped by a state-backed fund set up in the wake of the Sept. 11 2001 attacks in New York.The carnage in...
Nov 17 2015 // Chancellor of the Exchequer George Osborne announced he’ll double funding to strengthen the U.K.’s cyber defenses, while refusing to confirm that budget cuts to be announced next week would spare...
Nov 17 2015 // In the wake of Friday’s massacre in Paris, a new report says the world is paying the highest price for terrorism since the 2001 attack on New York’s Twin Towers.In 2014, acts of terror cost the world $52.9...
Nov 16 2015 // The French economy has history on its side.From the attacks of September 11 to those on Spain in March 2004 and London in July 2005, industrial economies have proven more resilient to terrorism than first feared, according...
Nov 6 2015 // ACE Group has appointed Cara Brown as political violence & terrorism underwriter, ACE Overseas General, with immediate effect.Brown is responsible for assisting in the development of global business within both...
Nov 2 2015 // ACE Group has expanded its political risk and credit division to Japan, as it continues to build its presence and capabilities in this risk area.Japan was the world’s fourth largest exporting country in 2014. With...
Oct 19 2015 // In a nation founded on a system of checks and balances – House against Senate, Supreme Court versus the Presidency – gridlock can be a fact of life, especially in peacetime. But in a time of real trouble from...
Oct 13 2015 // “Syria, Venezuela and Zimbabwe top a list of 40 politically risky territories and destinations for foreign investment,” according to a report from Willis Group Holdings. The findings appear in the latest...
Oct 13 2015 // Can the impact of terrorism on economic growth be measured?Moody’s Investors Service has constructed a terrorism index to quantify the hit to gross domestic product, government spending, investment and borrowing...
Sep 24 2015 // The U.S. Department of the Treasury today announced the appointment of nine people to serve as members of the Advisory Committee on Risk-Sharing Mechanisms (ACRSM) to spur the private market for terrorism insurance.The...
Aug 17 2015 // Arab Bank Plc has agreed to settle litigation brought by hundreds of Americans who accused it of facilitating militant attacks in Israel, nearly a year after a U.S. jury found the bank liable.The settlement was confirmed...
Aug 10 2015 // Talbot Underwriting Ltd., a wholly owned subsidiary of Validus Holdings Ltd., announced the promotion of Steven Tebbutt to global practice leader, political violence and aviation war.Tebbutt has been instrumental in...
Jul 23 2015 // International General Insurance Holdings Company (UK) announced it has appointed Stuart Elliot as Political Violence Underwriter based in the London office.He joins IGI from Ace European Group, where he was a Terrorism and...