Latest Political Risk Headlines
All the headlines from our Political Risk Topic Page, ordered by recency.
Underwriters Address Political Risk Exposures in Wake of Crisis
May 2 2011 // The civil and political unrest in Egypt and other parts of the Middle East and North Africa have brought to light how vital political risk coverage is — regardless of the country in which a company has operations. Roger...
Willis Report Warns of Potential Political Violence Coverage Gaps
Apr 19 2011 // Companies operating in politically volatile regions of the world may soon find they are “unable to retain sufficient insurance coverage to protect their assets and staff,” according to a new report by global...
Underwriters Address Political Risk Exposures in Wake of Crisis
Apr 4 2011 // The civil and political unrest in Egypt and other parts of the Middle East and North Africa have brought to light how vital political risk coverage is — regardless of the country in which a company has operations. Roger...
Ironshore Political Risk Increases Capacity to $25 Million
Mar 24 2011 // Ironshore Inc.’s Political Risk Insurance unit has increased capacity limits to $25 million on a gross limit basis for its global platform of political risk insurance lines and other trade-related coverages for risks...
Massachusetts Allows for Terrorism Exclusion in Commercial Insurance
Feb 7 2011 // Commercial property insurers in Massachusetts will be allowed to exclude terrorism coverage from commercial fire insurance policies under a new law signed by Gov. Deval Patrick. The law modifies the standard fire insurance...
Marsh Forms Alliance with Maplecroft to Assist Clients with Political Risk
Feb 3 2011 // To assist clients in analyzing and monitoring crucial political, economic, social, and environmental risks, Marsh has formed an alliance with Maplecroft, the award-winning risk analysis and mapping firm As part of the...
Massachusetts Allows for Terrorism Exclusion in Commercial Insurance
Jan 28 2011 // Commercial property insurers in Massachusetts will be allowed to exclude terrorism coverage from commercial fire insurance policies under a new law signed by Gov. Deval Patrick. The law modifies the standard fire insurance...
Ironshore Expands Political Risk Division for European Platform in Dublin
Jan 27 2011 // Ironshore Inc. has named P. Donald Harkey to head the Political Risk unit for Ironshore Europe Limited, based in Dublin. In addition, Ironshore’s Pembroke Syndicate 4000 has entered into an underwriting relationship...
RMS Analyzes Terrorist Attack at Moscow’s Domodedovo Airport
Jan 27 2011 // Risk Management Solutions has analyzed the circumstances pertaining to the bombing at Domodedovo airport in Moscow on Monday, which killed 35 people and wounded 180. RMS said the “attack was perpetrated by a lone...
Aon’s New Political Risk Map Shows Rising Levels, Despite Financial Recovery
Jan 19 2011 // According to Aon’s 18th annual Political Risk Map , while the “world economy is broadly on the road to recovery, the level of political risk has risen in more countries than it has declined.” Aon’s...
Marsh Launches Comprehensive Political Risk Facility
Dec 1 2010 // Marsh has launched its innovative Mobile Asset and Commodity Expropriation (MACE) insurance facility, which, it said will “meet the increased concern of multinational companies about the rise in political risks...
C.V. Starr Opens Political Risk Department in New York
Sep 30 2010 // Starr Underwriting Agents Limited and Starr Specialty Lines Insurance Agency, LLC (“Starr Specialty”), both subsidiaries of C. V. Starr & Co., Inc., have recently expanded their geographic reach with the...
Starr Opens Political Risks Unit in New York
Sep 28 2010 // C.V. Starr & Co. said it has opened a Political Risks underwriting unit in New York City. Keith Dunford has been named underwriting manager for the unit, which will market Political Risks products as well as structured...
Danish Regulators Select U.S. RE for Terrorism Risk Capacity Study
Sep 22 2010 // U.S. RE ApS, the European subsidiary of U.S. RE Corporation, international reinsurance brokers, has been selected by Finanstilsynet, the Danish financial Supervisory Authority, to conduct a study of terrorism risk...
RMS Terrorism Risk Model Includes More International Cities
Aug 10 2010 // Newark, Calif.-based Risk Management Solutions has enhanced its terrorism risk model, adding in more details for international cities and higher resolution hazard information and refinements to human exposure and building...
Mitsui O.S.K. Chief: Terrorism a Possibility in Damaged Tanker
Aug 6 2010 // The head of Mitsui O.S.K. Lines Ltd said he does not rule out the possibility that terrorism was behind an explosion that damaged a Japanese supertanker, the Nikkei business daily said on Friday. “We do not have the...
More U.S. Firms Buying Terrorism Insurance; Prices Decline: Marsh
Jun 24 2010 // U.S. terrorism insurance purchase rates continued to climb in 2009 as companies of all sizes and across all industries continued to buy terrorism coverage, according to a report by global broker Marsh. Sixty-one percent of...
Ace Opens West Coast Political Risk and Credit Operation
Jun 24 2010 // International specialty insurer, ACE Global Markets (AGM), has opened a new U.S. Political Risk and Credit operation based in Los Angeles. The office will serve the West Coast region and will be is headed by Ray Tizabi as...
OECD Launches Platform to Coordinate International Terrorism Insurance
Jun 14 2010 // The heads of all the national terrorism insurance programs of the OECD (Organization for Economic Co-Operation and Development) member countries met earlier this month at the OECD headquarters in Paris in an attempt to...
Guy Carpenter Terrorism Report: Insurance Supply Outpaces Demand
Jun 3 2010 // Guy Carpenter, Marsh’s reinsurance brokerage and risk assessment division, has published “Terrorism: Reinsurers Standing By.” It concludes that “insurers and reinsurers have become increasingly...
