Latest Political Risk Headlines
All the headlines from our Political Risk Topic Page, ordered by recency.
Allianz Names XL Catlin’s Posner Senior Underwriter for Terrorism Insurance in North America
Jul 14 2016 // Allianz Global Corporate & Specialty (AGCS) reported that Adam Posner has been named senior underwriter for Terrorism & Political Violence insurance. Posner will be based in New York and he will report directly to...
London Market’s Electronic Placing Platform Binds 1st Standalone Terrorism Risk
Jul 12 2016 // London Market Group (LMG) announce that the first standalone terrorism risk was bound on PPL – the London Market’s electronic placing platform – within the first hour of trading yesterday morning. The broker was...
London Market’s Electronic Placing Platform Begins Trading Terrorism Risks
Jul 11 2016 // London Market Group (LMG) announced that PPL – the London Market’s electronic placing platform began trading today, with brokers and underwriters exchanging information on standalone terrorism risks, the first...
Marsh: Industry Must Adapt to Meet Changing Terrorist Threats
Jul 5 2016 // The federal terrorism reinsurance program in 2015 has helped maintain certainty and stability for the U.S. market even as the nature of terrorist acts has changed, according to global insurance broker Marsh in its latest...
Treasury Recommends Some Terrorism Premiums Be Retained for Future Claims
Jul 5 2016 // In a report that concludes that the federal terrorism risk insurance program “remains an important mechanism” for ensuring that terrorism risk insurance is available and generally affordable, the U.S. Treasury...
Berkley Life Sciences Launches Political Risk Coverage for Life Science Companies
Jul 1 2016 // Berkley Life Sciences, a W. R. Berkley Company, has introduced political risk insurance for life science companies to address life science exposures faced by customers with assets or operations overseas. Life science...
Religious Extremists, ‘Lone Wolf’ Attacks Changing Political Risk Landscape
Jun 30 2016 // In a short period of time, the political risk market has experienced a significant shift in exposures, with new potential threats and different territories now threatened by attacks from religious extremists. Christof...
Terrorist Attack at Istanbul Airport Kills at Least 40; Islamic State Blamed
Jun 29 2016 // Coordinated suicide attacks at Istanbul’s international airport killed at least 40 people, tearing through the terminal at one of the busiest travel times of the year as Turkey struggles to contain the spillover from...
RMS Updates Cat Models for Terrorism, Europe Windstorm & US Flood
Jun 27 2016 // Global catastrophe risk management firm RMS has released version 16.0 of its catastrophe modeling platform, which includes updates to both the Europe Windstorm Clustering Model and Terrorism Modeling suite. Also included...
Google, Facebook, Twitter Sued by Father of Victim of Paris Terrorist Attack
Jun 21 2016 // The father of a young woman killed in the Paris massacre last November is suing Google, Facebook and Twitter, claiming that the companies provided “material support” to extremists in violation of the...
Judge Skeptical of Widow’s Claim Twitter Aided Terrorist Group ISIS
Jun 16 2016 // A federal judge said he’ll probably dismiss a lawsuit against Twitter Inc. by the widow of a man killed at a police training center in Jordan that accused the social network of knowingly allowing the Islamic State to...
Ironshore Introduces Political Risk Coverage For Film Producers
Jun 7 2016 // Ironshore International is introducing a specialty insurance product designed to address the risk exposure of film production companies shooting in at-risk locations worldwide. Ironshore’s Political Risk program is...
Aspen Appoints Global Leaders for Surety and Credit & Political Risk
May 31 2016 // Aspen Insurance, the insurance segment of Bermuda-based Aspen Insurance Holdings Ltd., has announced the appointments of Mike Toppi as global head of Surety Risk and Paul Sanders as global head of Credit & Political...
Zurich Names Anderson to Lead Trade Credit, Political Risk Unit
May 31 2016 // Property/casualty insurer Zurich has named Dave Anderson to be head of Credit & Political Risk, effective immediately. A 14-year veteran of Zurich, Anderson since 2012 has been global business development director for...
Sturrock Named Sr. VP in Marsh’s Political Risk and Structured Credit Practice
May 4 2016 // Marsh announced that Abbey Sturrock has joined the firm’s Political Risk and Structured Credit Practice as a senior vice president within the Public Agency Group. Based in London, Sturrock is responsible for...
XL Catlin Names Huang as Asia U/W Manager, War, Terrorism & Political Violence
May 2 2016 // XL Catlin’s insurance operations announced that Carrie Huang has been promoted to the position of Asia underwriting manager for War, Terrorism and Political Violence. Based in Singapore, she will be responsible for...
XL Catlin Names Zurich’s Riordan to Head Global Political Risk, Trade Credit Unit
Apr 22 2016 // 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...
Heaven Moves from Aon to Markel International’s Credit & Political Risk Division
Apr 20 2016 // Markel International, the London-based specialist insurer and subsidiary of Markel Corp., has appointed Lida Heaven as an underwriter in its trade credit and political risk division. Heaven previously worked as a political...
Europe Terrorist Attacks in 2015 ‘Most Lethal’ in Nearly a Decade: Aon Risk Map
Apr 13 2016 // As terrorists increasingly target private citizens and public gatherings, last year marked the most lethal year for terrorist violence in Europe in nearly a decade, according to Aon Risk Solutions’ 2016 Terrorism and...
ArgoGlobal Appoints Summers as Credit and Political Risks Underwriter
Apr 5 2016 // ArgoGlobal, the Lloyd’s insurer and member of Argo Group, announced the appointment of Andrew Summers as credit and political risks underwriter. He will report to Jeremy Shallow, credit and political risks class...
