All the headlines from our Political Risk Topic Page, ordered by recency.
Feb 12 2018 // A U.S. appeals court has thrown out a 2014 jury verdict finding Arab Bank Plc liable for knowingly supporting militant attacks in Israel linked to Hamas, a decision that triggers a settlement agreement with hundreds of...
Feb 8 2018 // Everest Re Group Ltd. announced that Paul Sanders has joined Everest Insurance as head of their European Credit and Political Risk insurance business.Sanders joins Everest with over 20 years of experience in the London...
Feb 5 2018 // The families of six Americans kidnapped and killed in Colombia during the 1990s by the terrorist organization known as FARC are seeking potentially tens of millions of dollars in damages from banana giant Chiquita Brands...
Feb 1 2018 // Zurich North America has named Lillian Labbat as head of Trade Credit and Political Risk.Prior to joining Zurich, Labbat held executive roles in global trade finance, export finance and structured credit with J.P. Morgan,...
Dec 20 2017 // The St. Louis Cardinals have received federal certification giving the organization legal protections in the event of a terrorist attack at Busch Stadium.Democratic Sen. Claire McCaskill announced that the U.S. Department...
Dec 6 2017 // Pool Re and Cranfield University announced the appointment of Professor Andrew Silke as the professor of Terrorism Risk Management and Resilience at Cranfield University.This is a new position that will be co-funded by...
Nov 28 2017 // Pool Re, the UK’s terrorism reinsurance pool, announced it will extend its cover to include material damage and direct business interruption caused by acts of terrorism using a cyber trigger. The new cover will be...
Nov 9 2017 // Newbridge Risk Partners, an underwriting cell on the Castel Underwriting MGA formation platform, has secured a new binder with Lloyd’s and London company market capacity to support the continuing growth of its...
Oct 19 2017 // Ironshore Insurance Ltd., Singapore Branch, announced an increase in capacity for political risk business lines within its Political Risk & Trade Credit unit.Available capacity now stands at US$50 million, an increase...
Oct 4 2017 // Across the globe, risks of terrorism and other violence have made tight security at hotels and resorts routine, even in countries where strict gun control laws may help prevent the kind of shooting attack that occurred...
Sep 26 2017 // Many terrorism insurance policies are triggered when there is physical damage to a property. As a result, commercial insurance buyers may find that they are unprotected against business interruption losses if there is...
Sep 22 2017 // XL Catlin’s insurance operation in Iberia announced new local underwriting capabilities with the appointment of Santiago Herrero as head of Political Risk, Credit & Bond (PRCB) – Iberia.Herrero will be...
Sep 12 2017 // Global reinsurance broker JLT Re has reported that Stephen Balderston will be joining its Credit and Political Risk team as a partner once he has completed his contractual obligations with his current employer, Guy...
Sep 5 2017 // Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has launched coverage for U.S. businesses when faced with loss related to terrorism and political violence both at home and...
Aug 18 2017 // Five suspected terrorists were killed by police and six civilians were injured in a confrontation in a town south of Barcelona, hours after 13 people died when a van rampaged down the city’s iconic Las Ramblas...
Aug 15 2017 // Markel Corp. has launched a new trade credit and political risk operation in Chicago.Christen Mizell will transfer to Chicago from New York to take on trade credit and political risk underwriting responsibility for the...
Aug 8 2017 // Markel International, the the London-based specialist insurer and Markel Corp. subsidiary, has appointed Alex Holcroft as political risk underwriter in Singapore. He joins the existing trade credit and political risk team...
Jun 19 2017 // Facebook Inc. on Thursday offered new insight into its efforts to remove terrorism content, a response to political pressure in Europe to militant groups using the social network for propaganda and recruiting.Facebook has...
Jun 15 2017 // The changing nature of attacks in Western cities has led insurers to offer new policies, from straightforward cover for business lost due to police cordons to more risky compensation for declines in tourism.Terrorism...
Jun 12 2017 // Chubb said it is now offering increased insurance capacity of up to US$150m/ €150m (previously US$100m/ €100m) for terrorism, political violence and war risks in response to evolving threats and increased demand from...