Industry Segments: Political Page 3 / 4
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- August 2 2022
Asia political risk rates to rise as Ukraine crisis bites
Even fairly benign countries such as Indonesia, the Philippines and Thailand could see hikes of 15-20%.
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- May 6 2022
QBE CEO warns of US$75m hit from Ukraine crisis
The Australian insurer has exposure to political violence, political risk and aviation.
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- March 10 2022
Ukraine conflict to have ‘modest’ impact on APAC insurers: S&P
The war is unlikely to impact a largely domestic-facing market, but there are significant risks.
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- March 8 2022
Political risk market hardens in Asia amid Ukraine invasion
Russian invasion adds to stresses that were already building amid rising inflation.
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- December 20 2021
Fanhua to go private, delist from Nasdaq amid political tensions
Company spokesperson tells IAN that "international relations" affected the decision to exit the US.
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- October 21 2021
Asia’s cyber market needs to learn its limitations
Systemic attacks on critical infrastructure have been described as "beyond the industry's capacity to insure".
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- October 15 2021
Asia’s political risk market adapts to Zurich exit
The Swiss insurer is no longer a major market player and capacity in unlikely to be affected, but talent could leave.
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- October 12 2021
Chaucer adds political risk, contracts to BRI consortium
The Belt and Road Initiative involves around 2,630 projects with a combined value of US$3.7trn across 65 countries.
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- September 2 2021
Asia’s debt burden heightens political risk: Lloyd’s webinar
Insurers warned that economic conditions are set to determine the claims environment in the years ahead.
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- August 25 2021
Political violence rates face pressure as pandemic restrictions ease
SE Asia's economies have seen severe disruption amid ongoing lockdowns.
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- August 9 2021
BPL Global establishes Lloyd’s Japan binder for credit risks
MS Amlin acted as the lead syndicate on the binder.
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- August 4 2021
Lloyd’s players highlight strong demand for political violence cover
Strikes, riots and civic commotion (SRCC) rates generally flat in Asia except for distressed regions such as Myanmar.
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- June 28 2021
Chaucer, China Re launch BRI consortium
The new Lloyd's venture will initially underwrite political violence risks.
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- April 12 2021
India publishes proposed trade credit insurance guidelines
IRDAI move comes after the collapse of Greensill Capital last month.
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- March 2 2021
Myanmar cargo rates unchanged despite protests: source
An Asia-based marine broker told IAN that Lloyd's is unlikely to designate the country as a listed area.
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- February 9 2021
China/US tensions reduced political risk appetite: WTW
Worldwide market capacity is US$4bn with around half allotted to Asia.
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- January 27 2021
Asia political risk capacity to rise
Experts tell IAN that Hong Kong and Thailand are likely to see further rate increases.
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- August 3 2020
Asia’s “unprecedented” political risk year
The market remains well-capitalised, but changing global dynamics require a refocus.
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- July 15 2020
WTW names APAC head of financial solutions
The broking giant has also promoted Stuart Ashworth.
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- January 14 2020
Hong Kong’s riot cover conundrum
Many policies have language that potentially excludes losses from the political unrest.
