It is more important than ever for the market and its customers to work together to demonstrate the value of commercial insurance
Harris Balcombe has been appointed by Korea Gas Corporation to resolve a pipeline construction loss in Iraq that is reinsured in the London market.
Aviva failed to disclose the extent of its potential exposure to fixed-price arbitrage life insurance contracts despite intense questioning at its annual general meeting yesterday (29 April).
Financial regulators need to encourage innovation, rather than stifle it, in order for companies to respond to high-level global risks, according to Zurich's chief risk officer.
RFIB Group has appointed Richard Macfarlane as managing director of its international non-marine business.
The UK has been ranked 20th in FM Global's 2014 survey grading countries on their resilience to supply chain disruption.
Having returned to broking, Willis UK retail head David Martin is rethinking the strategy of resource deployment and focusing more on specialisms.
The speed of the London market response to September’s Nairobi shopping mall siege demonstrates its authority in reacting to terrorist events, those involved in the response have told Post.
Beazley has launched an emergency evacuation cover product to assist in the case of kidnappings, natural disasters and political risk.
The International Underwriting Association has created a new London market Political Risk Committee comprising underwriting and claims representatives from across the association’s member companies.
Eamon Brown has been appointed chief underwriting officer at specialist Lloyd’s insurer Jubilee.
Beazley has internally filled its political risks and trade credit underwriter role, appointing Michael Lum.
The potential for Islamic radicalization has increased following the military deposition of former leader Mohammed Morsi, Willis has warned.
Brit has entered the political & credit risk market with the appointments of Peter Jenkins and John Lentaigne as co-heads of the new division.
Aon France has lost its head of political risks, Arnaud Froideval, to Miller where he has joined the marine team.
Catlin has reported a 12% increase in gross written premium to $1.84m in the first quarter of the year compared to the same period in 2012 (Q1 2012: $1.64m).
The volatile economy, supply chain interdependency and the voracious appetite of regulators and politicians mean today’s organisations face very different risks to their predecessors.
The bombing of the French Embassy in the Libyan capital of Tripoli earlier today tells of the country’s faltering security, IHS said.
Political risk across 13 countries has eased in the post-Arab Spring world according to Aon’s annual political risk map.
Piracy off the coast of Somalia has dropped significantly since last year – bringing insurance premiums down with it – but what’s behind the decline, and how can it be sustained?
Lloyd's insurer Chaucer has developed a new political risk and trade credit initiative in New York.
Liberty Syndicates has appointed Susan Barber to manage and build on its personal accident and pecuniary lines treaty portfolios in the Lloyd's market, part of its specialty products underwriting division.
Cooper Gay is offering a crisis management and business continuity consultation to terrorism and political risks policyholders after joining forces with specialist consultancy Security Exchange.
Ace has launched a property insurance proposition designed to cover the gaps between traditional property, terrorism and political violence insurance policies.