Latest Political Risk Headlines

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

Insurer Off the Hook in Defending Western Union Against Terrorist Financing Suit

Sep 30 2022 // An insurer’s war and financial services exclusions relieve it of having to provide coverage for an insured being sued for allegedly aiding international terrorists responsible for the crash of Malaysia Airlines...

MGA Platform Pine Walk Launches Political Risk, Non-Payment MGA

Jun 15 2022 // Pine Walk Capital Ltd., the London-based specialist MGA platform and Fidelis subsidiary, has launched a seventh MGA, Pernix Specialty Ltd., which specializes in political risk and non-payment risks. Pernix will be led by...

People Moves: Arch Hires Chaucer’s Bauckham for Terrorism, Political Violence & War Team; Dale Moves Into Marine Treaty With 2 Hires From MS Amlin

May 24 2022 // This edition of International People Moves details appointments at Arch Insurance International and Dale Underwriting Partners. A summary of these new hires follows here. Arch Insurance Int’l Hires Chaucer’s...

People Moves: Guy Carpenter Names N. America GC Access Exec Team; Marsh Promotes Perry for Political Risk & Structured Credit; WTW’s Hodgkinson to Join BMS Asia

May 23 2022 // This edition of International People Moves details appointments at three brokers: Guy Carpenter, Marsh and BMS. A summary of these new hires follows here. Guy Carpenter Announces GC Access Leadership in North...

People Moves: AGCS Promotes Todorovic for Political Violence Unit; Aon Hires Knight From Navigators & General for Global Yacht Practice

May 13 2022 // AGCS Promotes Todorovic for Political Violence Unit Allianz Global Corporate & Specialty (AGCS) has promoted Srdjan Todorovic as head of Global Political Violence & Hostile Environment Solutions, based in...

UK’s Terrorism Reinsurer Pool Re to Reduce Reinsurance Pricing for Insurers

May 10 2022 // Pool Re, Britain’s leading terrorism reinsurer, announced the most significant reduction in its reinsurance pricing in 20 years. The reduction, which will come into effect in October 2022, will vary according to...

People Moves: Beazley Names Head of Cyber Services – Int’l; RenaissanceRe Appoints Senior ESG, Climate Roles; Barr Joins Miller’s Specialist Credit and Political Risks Team

Apr 5 2022 // This edition of International People Moves details appointments at re/insurers Beazley and RenaissanceRe Holdings, as well as insurance broker Miller. A summary of these new hires follows here. Beazley Appoints New Head of...

Why Political Risk Coverage Is Needed Now

Apr 4 2022 // Seemingly endless machinations of the Russian leadership affecting Ukraine and its citizens have prompted multiple Western-based businesses to shut down, suspend or greatly curtail their Russian operations as part of their...

Occam Completes Purchase of Terrorism-Specialist MGA Beech Underwriting

Mar 31 2022 // Occam Underwriting, the specialist lines managing general agency (MGA), announced it has completed the acquisition of Beech Underwriting Agencies Ltd. having received the required approval from the Financial Conduct...

People Moves: Great American P&C Promotes Cohen, Kadnar; Markel Adds Hiscox’s Wakeham as U.S. Terrorism Underwriter

Feb 11 2022 // Great American Insurance Group has promoted Jason M. Cohen to senior vice president and Julie F. Kadnar to divisional group president within its Property & Casualty Group. In 2006, Cohen joined the company as...

People Moves: Liberty Specialty Mkts Names Beattie Head of War & Terrorism; New Dawn Risk Hires Aon’s Khan for Professional Risks, Lothbury’s Vernon for Healthcare/Life Sciences

Feb 10 2022 // This edition of International People Moves details appointments at Liberty Specialty Markets and broker New Dawn Risk. A summary of these new hires follows here. Liberty Specialty Markets Names Beattie as Global Head of...

People Moves: BHSI Promotes McGriskin to Lead UK FI; Former Enstar Exec Rocke Heads RiverStone Int’l in Bermuda; Tysers Hires Aon’s Lucas for Political Violence & Terrorism Team

Feb 9 2022 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI), RiverStone International and broker Tysers. A summary of these new hires follows here. BHSI Promotes...

People Moves: Liberty Specialty Promotes 2, Hires Political Risk U/W; HDI Global Names Röllecke Head of Cyber/Financial; Ex-Lloyd’s CEO Ward Becomes CFC’s Non-Exec. Chair

Feb 4 2022 // This edition of International People Moves details appointments at Liberty Specialty Markets, HDI Global and CFC Underwriting. A summary of these new hires follows here. Liberty Financial Risk Solutions Promotes 2, Hires...

Heading Into 2022, P/C Insurers Face ‘Massive’ Political Risks, Economic Uncertainty

Dec 20 2021 // Property/casualty insurers head into 2022 facing “massive” political risks, an expert with the Insurance Information Institute said on Dec. 2. Economic uncertainty will also continue despite recovery...

People Moves: Markel’s Hastings Named President of W. R. Berkley Syndicate Mgmt; Chaucer Promotes Sharp to Head of Political Violence & Crisis Mgmt

Dec 10 2021 // This edition of International People Moves covers appointments at W.R. Berkley and Chaucer. A summary of these new hires follows here. Markel’s Hastings Named President of W. R. Berkley Syndicate Management W. R....

Heading Into 2022, P/C Insurers Face ‘Massive’ Political Risks, Economic Uncertainty

Dec 7 2021 // Property/casualty insurers head into 2022 facing “massive” political risks, an expert with the Insurance Information Institute said on Dec. 2. Economic uncertainty will also continue despite recovery...

People Moves: Hiscox Hires Starr’s Buchanan as Casualty Dir.; Sharpe, Griffiths to Inver Re’s Exec Team; Plumptre, Fox Join Blenheim Underwriting’s Political Risk Team

Nov 19 2021 // This edition of International People Moves details appointments at insurer Hiscox, the reinsurance broker Inver Re, and the Lloyd’s managing agency, Blenheim Underwriting. A summary of these new hires follows...

People Moves: SiriusPoint Appoints Bernina Re’s Kull as CRO; Hiscox Names Breeze Interim CFO; Tysers’ Simpson Leads BMS’ Terrorism, Political Violence Team

Nov 18 2021 // This edition of International People Moves details appointments at re/insurer SiriusPoint, insurer Hiscox and broker BMS. A summary of these new hires follows here. SiriusPoint Appoints Bernina Re’s Kull as...

Reports from U.S.-based Group Will Examine Impacts of Climate Change on Terrorism

Nov 4 2021 // A new global partnership with the National Consortium for the Study of Terrorism and Responses to Terrorism will focus on the impact of climate change on terrorism. START, which is based at the University of Maryland, with...

Mosaic Offers $600M of Capacity for War, Terrorism and Political Violence Risks

Oct 22 2021 // Bermuda-based Mosaic Insurance has extended its war, terrorism and political violence coverage to offer up to $600 million per risk. The increased capacity allows the company to serve clients via domestic U.S. or Bermuda...