Political Risk and Trade Credit (PRTC) News

XL Catlin Offers Political Risk, Credit & Bond Insurance in Canada; Zurich’s Azzopardi Named Lead U/W

XL Catlin has opened its first Political Risk, Credit and Bond (PRCB) insurance practice in Canada and has appointed Marvin Azzopardi as senior underwriter. Based in Toronto, Azzopardi, will join XL Catlin on June 1 and will report to Richard …

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 …

Miller Taps Gallagher’s Maule as Senior Trade Credit & Political Risks Broker

Miller has hired David Maule in a business production and senior broking role, which the London-based broker said will add “considerable strength” to its trade credit and political risks capabilities. Maule will work with colleagues in the London, Paris and …

XL Catlin Names Chow as Senior U/W, Political Risk & Trade Credit, Asia Pacific

XL Catlin’s insurance operations announced the appointment of Bonnie Chow as senior underwriter, Political Risk and Trade Credit insurance for Asia Pacific. She will be based in Sydney. Chow has over 20 years’ experience in the insurance and banking industries, …

Marketform Rebrands as ‘Neon’ After Completing Strategic Review

Marketform, the specialist Lloyd’s insurer, announced that the group has today re-launched as “Neon.” The re-launch coincides with the completion of a strategic review of the business, as CEO Martin Reith and the group’s new leadership team continue to progress …

XL Group’s Trade Receivables Insurance Team Grows in US and UK

XL Group announced that it is addressing “businesses’ growing interest in Trade Receivables Insurance (TRI),” with the addition of “underwriting resources with the appointments of Jennifer Papadimitriou in London; Paul C. Haigley III and Aaron Rutstein in Baltimore and Agatha …