All the headlines from our Political Risk Topic Page, ordered by recency.
Jun 3 2014 // The U.S. Senate Banking Committee approved a legislation that would extend for seven years the government’s financial backstop of terrorism insurance.The panel approved by a 22-0 vote a bipartisan bill that would...
Jun 2 2014 // BBC correspondent Fergal Keane, who’s been reporting from the world’s hotspots for 25 years, told delegates in his keynote speech at the recent European Insurance Forum in Dublin that the terrorist mind set,...
Jun 2 2014 // Renewal of a U.S. terrorism insurance plan is gaining momentum in Congress, thanks to some big-league backing from a coalition that includes professional football, baseball, basketball and hockey leagues.The sports...
May 15 2014 // Having previously played (and arguably, lost) two prior rounds of legislative “chicken” with the insurance industry, congressional conservatives are making it known that, this time around, they’re quite...
Apr 28 2014 // Hiscox has increased capacity to $200 million for U.S. domiciled terrorism risks. The additional capacity addresses the increased demand for standalone terrorism coverage caused by the upcoming expiration of the U.S....
Apr 22 2014 // Demand for terrorism insurance remains strong and the existence of the federal terrorism risk insurance program plays a key role in making coverage available and affordable, according to a report released by insurance...
Apr 15 2014 // Insurance industry lobbying groups are hopeful that the bipartisan legislation introduced in the Senate on April 10 to reauthorize the Terrorism Risk Insurance Act, or TRIA, will have a better chance for passage than some...
Apr 11 2014 // Aon Risk Solutions, the global risk management business of Aon plc, has unveiled its 2014 Political Risk Map, which identifies an increased risk rating for all five emerging market BRICS countries. Aon noted that “as...
Apr 10 2014 // A bipartisan group of U.S. senators has agreed on legislation to extend the government’s financial backstop of terrorism insurance for seven years.The legislation would raise private insurers’ co-payments to 20...
Mar 12 2014 // “Insurer concern over the political unrest and country credit ratings in Ukraine and potential sanctions in Russia have caused some to effectively stop underwriting political risk insurance in those two...
Feb 24 2014 // The Sept. 11, 2001, terrorist attacks created an atmosphere of anxiety and uncertainty. No one knew how many more large-scale attacks were in the pipeline. Might more Mohammad Attas already be in the country making the...
Feb 10 2014 // The world is a risky place for business travelers but it might be a little safer when it comes to terrorism and political violence risk at least in some countries.According to the recently released Aon Risk Solutions 2014...
Jan 29 2014 // Aon Risk Solutions, the global risk management business of Aon plc, has released its 2014 Terrorism and Political Violence Map to help organizations assess risk levels of terrorism and political violence across the globe....
Jan 17 2014 // Aon Global Risk Consulting, the risk management consulting arm of Aon plc has conducted further research to understand more about organizations’ attitudes to the top threats they face in today’s hyper connected...
Jan 3 2014 // An article on the Lloyd’s website notes that “industrial facilities from nuclear plants to dams are increasingly coming under attack from cyber terrorists bent on causing physical damage and disruption from...
Dec 29 2013 // U.S. government insurance that guarantees airlines are covered against terrorism and war was extended for four carriers, including Virgin America Inc., that otherwise would have lost coverage at the end of the...
Dec 5 2013 // A federal appeals court in New York has given developers and builders of high-rises and other buildings added protection from lawsuits over property losses linked to terrorism, in a case stemming from the Sept. 11, 2001...
Nov 4 2013 // A poll released last week by the Risk and Insurance Management Society — the trade association for risk managers of corporations, non-profits and local government agencies, who together are the major purchasers of...
Oct 30 2013 // A majority of risk professionals believe expiration of the federal terrorism reinsurance program would result in a decrease of affordable terrorism coverage or, even, the total elimination of the coverage, according to a...
Oct 21 2013 // The insurance industry will count on the Terrorism Risk Insurance Program (Program) if there is a terrorist strike on the United States, but will the Program respond if the act of terrorism is a cyber event?Cyber terrorism...