Latest Political Risk Headlines
All the headlines from our Political Risk Topic Page, ordered by recency.
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...
Aon Sees Progress Against Terrorism, But Threats are Evolving
Jun 3 2010 // In conjunction with the release of the latest version of its “Terrorism Threat Map,” Aon’s Crisis Management division analyzes the current state of the ongoing efforts to combat terrorist activities. The...
Terrorism Insurance Market in State of Uncertainty
Mar 30 2010 // The threat of terrorism in the U.S. is rising but the future of the Terrorism Risk Insurance Act (TRIA) is in question. At a time when top U.S. officials warn of an imminent attack that might be hard to prevent, the...
Growing Skepticism Ignores Climate Change Facts; Max Merges with Harbor Point; Terrorist Pirates Threaten the Malacca Strait
Mar 22 2010 // The Climate Change debate rolls on, but real decisions and effective actions remain elusive. Hardly a week goes by without a new report or study on the changes affecting the atmosphere, but the general public appears to be...
Terrorism Coverage in the Everyday World
Mar 22 2010 // Because of the threshold amount, many acts of domestic terrorism may not be certified. Even under the TRIA, insurers may exclude coverage for loss resulting from ‘non-certified’ acts of terrorism. After the...
Uncertainty Pervades the Terrorism Insurance Market
Mar 8 2010 // Threats Rise and TRIA Funding Comes Under Attack The threat of terrorism in the United States is rising, but the future of the Terrorism Risk Insurance Act (TRIA) is in question. At a time when top U.S. officials warn of...
Uncertainty Pervades the Terrorism Insurance Market
Mar 7 2010 // As Threats Rise, TRIA Funding Comes Under Attack The threat of domestic terrorism is rising, but the future of the Terrorism Risk Insurance Act (TRIA) is in question. At a time when top U.S. officials warn of an imminent...
Uncertainty Pervades the Terrorism Insurance Market
Mar 7 2010 // Threats On Rise and TRIA Funding Faces Possible Cutback; Standalone Market Could Gain The threat of terrorism in the U.S. is rising but the future of the Terrorism Risk Insurance Act (TRIA) is in question. At a time when...
Terrorism and Intentional Acts: Austin Plane Crash Raises Coverage Questions
Mar 7 2010 // IRS Worker’s Widow Files Suit to Determine Insurance Coverage Austin, Texas, Police Chief Art Acevedo stopped short of calling the crashing of a small plane into a commercial office building in northwest Austin on...
Maritime Terrorism Could Have Global Economic Impact
Mar 5 2010 // Singapore said on Friday it had raised alert levels in the city-state and beefed up security at its airport and new casino resorts after a warning of possible attacks on oil tankers in the Malacca Strait. [See IJ web site...
Austin Plane Crash – Intentional Act or Terrorism?
Feb 19 2010 // Austin, Texas, Police Chief Art Acevedo stopped short of calling the crashing of a small plane into a commercial office building in northwest Austin on Feb. 18 a terrorist act, but U.S. Representative Mike McCaul said he...
