credit and political risk insurance News

SCOR-Backed Channel Syndicate Taps Coulson from Lancashire as Senior Underwriter

Channel Syndicate, which is backed by reinsurer SCOR, has appointed Caroline Coulson as a senior underwriter on the political and credit risks team within SCOR Specialty Insurance, effective immediately. Coulson started on March 23 and will report to Kade Spears, …

Everest Insurance Hires Aspen’s Sanders to Lead Europe Credit & Political Risk Business

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 market as a broker, underwriter, …

Guy Carpenter’s Balderston to Join JLT Re Credit and Political Risk Team

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 Carpenter. Balderston joins JLT Re after …

China Firms View Political Risks as Top Concern for Belt & Road Project

As the global limelight fades from President Xi Jinping’s “Belt and Road” summit, the main actors — Chinese state-owned companies — are warning about the political risks they face along the route. Earlier this month Xi outlined plans to direct …

Talbot Forms $115M Political Risk Insurance Binder for U.S. Clients

Talbot Underwriting Services Ltd., a wholly owned subsidiary of Validus Holdings, Ltd. has launched political risk insurance binding authority from its New York office, underwritten 100 percent by various underwriters at Lloyd’s and led by Talbot Underwriting Ltd, Syndicate 1183. …

XL Catlin Names Zurich’s Riordan to Head Global Political Risk, Trade Credit Unit

XL Catlin has appointed Dan Riordan as president, Global Political Risk & Trade Credit (PRTC), reporting to Neil Robertson XL Catlin’s chief executive, Global Specialty, Insurance. The appointment also marks a structural change at XL Catlin with PRTC becoming a …

Integro, One Source Launch Global Credit Insurance Offering

International insurance broker Integro, based in New York, has expanded into credit insurance to assist clients in managing global receivables and political risks. Integro is partnering with One Source Risk Management and Funding Inc., a specialist broker for credit mitigation …