Line of business: Political Violence Page 5 / 6
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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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- June 1 2021
Chaucer eyes South-East Asia renewables market
The specialty Lloyd’s player is at work on a US$100m onshore renewable energy construction facility.
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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 18 2021
Aon wins tender for Australia’s terrorism reinsurance scheme
Guy Carpenter had worked with the Australia Reinsurance Pool Corporation for 15 years.
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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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- September 17 2020
Australia’s terrorism pool focuses on retrocession, modelling
The Australian Reinsurance Pool Corporation has released a new four year strategy for the US$10bn scheme.
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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.
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- December 12 2019
Political risk rises as US imposes more sanctions on Iran
Tensions are rising in the Middle East again.
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- December 9 2019
Will political risk abate in 2020 as focus falls on WTO?
As political risk claims rise, don't bet on complex situations resolving quickly.
