Political risks
Credit insurers Garant and ASEI enter partnership
Austrian political risk insurer Garant Versicherungs AG and state-owned export credit agency Asuransi Ekspor Indonesia have entered into a commercial partnership to improve the export credit and political risks cover available to their clients.
Politics is a major risk for renewables sector, says Willis
Resource nationalism is threatening projects in the renewables sector, according to Willis' head of political and export risk Andrew Van den Born.
View from the Top: Beyond the bottom line
When the MDS team first heard about Swiss Re's planned involvement in a new food security initiative a few months ago, we were struck by the sense of responsibility and stewardship that the company's move represented.
Hiscox UK falters while group profit soars
Hiscox returned an interim pre-tax profit of £125.8m (H1 2011: loss £85.6m), following a more benign catastrophe season compared with the previous 12 months.
Half of CEOs responsible for risk management as terrorism tops concerns
The chief executive or chief operating officer has formal responsibility for risk management at 50% of European companies, according to a new survey which found that companies feel underprepared for terrorism and political violence risks.
Berry Palmer & Lyle opens in Singapore
Political risk broker Berry Palmer & Lyle has opened a second Asian subsidiary following the launch of a Hong Kong branch in early 2011.
Banks turn to credit insurance in Asian market
European banks operating in emerging markets are increasingly using structured credit insurance as a way of remaining active in Asian trade finance market and deleveraging their trade finance portfolios.
Liberty hires new assistant vice president
Liberty International Underwriters Europe has appointed Mark Esdaile as assistant vice president in the company’s trade credit and political risk team.
Liberty appoints trade credit and political risk VP
Liberty International Underwriters Europe, part of Liberty Mutual Insurance Group, has appointed Mark Esdaile as assistant vice president for trade credit and political risk.
AIRMIC 2012: Risk managers want outcomes-based policies
Risk managers want policies based on outcomes not perils, according to Prudential's group insurance risk manager Helen Hayden.
XL to write political and trade credit risks via Lloyd's platform
XL Group has received approval from Lloyd's to write political and trade credit risks using the Lloyd's platform via XL Group's Lloyd's Syndicate 1209.
Political risks: Economic unrest triggers interest and questions over cover
The UK, France, Germany, Italy, Portugal and Spain have all been re-rated 'medium risk' from 'low risk' by Aon Risk Solutions, as part of a downgrade of 37 countries in the firm's annual Terrorism & Political Violence map.
Marsh forms public agency team for political and credit risks
Broker Marsh has formed a global public agency team comprised of senior specialists within its political risk and trade credit practice to assist clients in procuring public insurance coverage.
Anglo-Arab launches war and terrorism travel cover
Anglo-Arab Insurance Brokers launched the first online global travel plan to include war and terrorism cover as standard at the Arab Travel Markets Conference in Dubai on 30 April.
Iran sanctions may force India and Greece to find alternative oil suppliers
The repercussions from US and EU sanctions on Iranian crude oil are being felt far beyond the Islamic Republic, according to a report by Exclusive Analysis.
Aon's political risk and terrorism map warns 37 countries are more dangerous
Aon Risk Solutions has downgraded 37 countries including the UK in its 2012 Terrorism & Political Violence Map, largely due to civil unrest.
Aon downgrades 37 countries for terrorism and political violence
Companies must consider threats to business continuity due to civil unrest, said Aon Risk Solutions, as it downgraded 37 countries in its annual Terrorism & Political Violence map.
The challenges of the solar market
Solar power is a firm part of the green movement in Europe but, with government cuts becoming increasingly common, Jakki May asks whether this renewable energy will continue to be affordable and efficient.
Kidnapping now multi-billion dollar industry
Kidnaping for ransom has become a multi-billion dollar global phenomenon and is occurring more frequently in locations across the globe, according to a report by crisis assistance company, Red 24.
Q&A Asia: with Lloyd's Asia's Kent Chaplin
Kent Chaplin, head of Asia Pacific and managing director of Lloyd's Asia, spoke to Francesca Nyman about the market's presence in Asia, its relationship with brokers and its plans for the future.
Emerging markets present growth opportunities for energy firms
Despite geo-political turmoil, many economies now present increased growth opportunities for global energy companies due to decreasing political risk and improvements in legal and regulatory environments, according to risk analysis company Maplecroft.
Miller names two in political risk push
Miller has bolstered its political risk, trade credit and political violence capabilities by recruiting James Cunningham, pictured right, from Marsh, and Ewan Wauchope, left, from AJ Gallagher.
Arab Spring aftermath threatens businesses in the region
Protests and tensions in countries affected by the Arab Spring remain a concern for businesses operating in those nations, according to Aon’s 2012 Political Risk Map released today.
XL expands political risk and trade credit team
XL Group is expanding its global political risk and trade credit team with four new appointments based in London.