Latest Political Risk Headlines

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

Newbridge Writes Political Violence, Terrorism Risks via Castel MGA Platform

Jun 24 2015 // Newbridge Risk Partners has launched operations on Castel Underwriting Agencies MGA formation platform, targeting political violence and terrorism risks in emerging markets.The new underwriting cell will be focused on the...

Strong Capacity Drives Buyer’s Market in Political Risk Insurance: Marsh

Jun 17 2015 // Abundant capacity and strong competition have contributed to a favorable marketplace for buyers of political risk insurance globally, according to Marsh’s “Political Risk Market Update,” published this...

CBO Confirms Private Insurers Could Take on Way More Terrorism Risk

Jun 11 2015 // I hate to say I told you so. Actually, scratch that. I love to say I told you so. I just wish it weren’t necessary in this case.Back in January, when Congress passed a six-year extension of the federal backstop for...

‘Brexit’ a Major Political Risk for UK Insurers: ABI Chief Exec

Jun 3 2015 // The risk of a British exit [‘Brexit’] from the European Union is causing major political uncertainty for the insurance industry, the chief executive of the Association of British Insurers (ABI) said on...

Aon’s Political Risk Map Highlights Western Countries Increased Terror Threats

May 27 2015 // “Risk levels are rising in Western economies due to the increased terror threat presented by Islamic extremists” according to the Aon Terrorism and Political Violence Map, released by Aon Risk Solutions, the...

ACE Appoints Kapoor as Terrorism & Political Violence Underwriter, UK & Ireland

May 19 2015 // ACE Group appointed Ashwin Kapoor as terrorism and political violence underwriter as it continues to invest in building its specialist insurance capabilities around the world.Reporting to Piers Gregory, terrorism...

Callis Joins Lockton’s DC Office for Political Risk, Structured Credit

Apr 28 2015 // Lockton Companies announced that David Callis has joined its Washington, DC office as Vice President and Producer. He will “work closely with Lockton’s clients and prospects on international risk issues,...

U.S. Judge Upholds Liability of Arab Bank for Terrorist Financing

Apr 13 2015 // A U.S. judge on Wednesday rejected Arab Bank Plc’s bid to overturn a jury verdict finding it liable for knowingly supporting terrorism efforts related to a series of attacks in the Middle East.The Jordan-based bank...

Aon Benfield’s Impact Forecasting Launches New Blast Model for Terrorist Attacks

Mar 18 2015 // Impact Forecasting, Aon Benfield’s catastrophe model development team, is applying a new blast engineering approach to provide a more realistic understanding of the potential range of losses from a terrorist...

Canadian Pacific Railway’s CEO Says Biggest Crude-by-Rail Fear Is Terrorism

Mar 3 2015 // Hunter Harrison, Canadian Pacific Railway Ltd.’s chief executive officer, said his greatest fear in moving crude by rail is the prospect of a terrorist attack on the company’s trains.“That’s what...

Terrorists Have Shifted from Attacking Airlines to Mass Transit: Study

Mar 2 2015 // Successful terrorists have shifted their focus in recent years away from attacking airlines to attacking subway and rail systems, according to an analysis of terrorist attacks over a 30-year period from 1982 to 2011 by a...

China’s Draft Counter-Terrorism Law Alarms Foreign Technology Firms

Feb 27 2015 // China is weighing a far-reaching counter-terrorism law that would require technology firms to hand over encryption keys and install security “backdoors,” a potential escalation of what some firms view as the...

New Analysis Reveals Political Risk Exposures around the World: Willis

Jan 29 2015 // Willis Group Holdings has published a new analysis from Oxford Analytica in the form of the “VAPOR Political Risk Model,” which, it said, “helps companies assess the financial exposure to a suite of...

Characteristics of ‘Charlie Hebdo’ Attack Thwarted Counter-Terrorism Efforts: RMS

Jan 26 2015 // A number of unique characteristics of the January 7 terrorist attack against satirical French magazine “Charlie Hebdo” allowed terrorists to succeed despite counter-terrorism efforts, according to a new report...

Paris Terror Attacks Not Unexpected; Demand for Political Risk Cover Is Up

Jan 14 2015 // Terrorism, security and political risk experts from Willis provided some broad observations about last week’s terror attacks in Paris and how insurance buyers are responding.“The tragic events in Paris are a...

Businesses Push for Terrorism Insurance Vote When Congress Returns

Dec 24 2014 // Lobbyists for insurers, real estate financiers and businesses launched into action last week to urge quick renewal of a terrorism insurance program in 2015 after U.S. lawmakers left it to expire at the end of this...

USI Insurance Services Launches Terrorism Insurance Underwritten by Lloyd’s

Dec 24 2014 // USI Insurance Services has launched a new terrorism insurance product to address the expiring Terrorism Risk Insurance Program Reauthorization Act (TRIPRA), which ends Dec. 31.Unlike TRIPRA however, USI’s Terrorism...

Senate Fails to Renew Terrorism Insurance

Dec 17 2014 // A U.S. program that backstops insurance companies’ losses from acts of terrorism is set to end after the Senate didn’t extend it.Efforts to reauthorize the Terrorism Risk Insurance Act for six years fell apart...

Terrorism Insurance Bill Tagged with Community Bank Provision

Dec 16 2014 // When the U.S. House of Representatives approved a terrorism insurance bill last week, it contained a little-noticed provision that would require at least one member of the Federal Reserve’s board to have community...

Senate Expected to Follow House, Approve Terrorism Insurance Renewal

Dec 15 2014 // Supporters of renewing the federal terrorism reinsurance program are optimistic that the Senate will follow the House and approve it, however the exact day and time of the Senate vote this week remains unclear.In addition...