All the headlines from our Political Risk Topic Page, ordered by recency.
Sep 19 2014 // A U.S. Treasury Department spokesperson last week provided a statement to Boston news outlets that said “The Secretary has not determined that there has been an ‘act of terrorism’ under the Terrorism Risk...
Sep 11 2014 // The Insurance Information Institute said this week that the threat of terrorist attack remains real and that the 13-year anniversary of the Sept. 11 terror attack is a reminder of the urgent need for federal lawmakers to...
Sep 9 2014 // Representative Jeb Hensarling, a Texas Republican who has been a key opponent of the U.S. Export-Import Bank, now supports a short-term extension of the bank’s mandate, opening the door to a temporary reprieve for...
Sep 1 2014 // Bankers and U.S. officials have warned that cyber-terrorists will try to wreck the financial system’s computer networks. What they aren’t saying publicly is that taxpayers will probably have to cover much of...
Jul 1 2014 // As property insurers lock up their July 1 reinsurance renewals, many are finding a bonus surprise above and beyond the soft pricing environment – the terrorism exclusions that have been standard in reinsurance contracts...
Jun 23 2014 // ACE Group has appointed Cassie Chen as regional Property and Terrorism underwriting manager for Asia. She will be based in the Singapore regional office and will report to Jason Keen, head of Property for Asia. Chen joined...
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...