Line of business: Political Violence Page 5 / 6
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- September 28 2022
Insurers shying away from writing new China, Taiwan policies: report
Risk managers are worried a sanctions war between the US and China may restrict capital flow.
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- September 21 2022
Asia may ‘finally pull its weight’ on terrorism cover
The market is on the cusp of change with rates set to harden as global firms pay more attention to the risk.
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- August 24 2022
Japan infrastructure spending set to spur property GWP growth
The country's general insurance market set to reach US$133bn in 2026, GlobalData forecasts.
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- August 11 2022
Powerful and unusual hailstorm dents Japan’s ‘big three’ Q1 results
The insurance giants saw losses of US$610m from freak storm in addition to Ukraine impact.
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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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- 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.
