Reinsurance News

political risk

Neon expands Political & Credit Risk team

18th January 2018

Neon has expanded its Political and Credit Risk team with the appointment of Paul Barrett who joins from Arthur J. Gallagher. Barrett is the latest of a string of hires for Neon's Political and Credit Risk team, following the appointments of Anthony Vaughan, Senior Credit Analyst, and Paul Carrington, Underwriter, both ... Read the full article

Newbridge secures $20mn Lloyd’s capacity deal for political violence & terrorism market

14th November 2017

To support the growth of its political violence and terrorism insurance and reinsurance business, Newbridge Risk Partners, an underwriting cell on the Castel MGA formation platform, has secured a deal with Lloyd’s and London company market capacity. The new capacity will enable Newbridge to offer up to $20 million for operational ... Read the full article

Ironshore expands political risk lines for Asia Pacific region

24th October 2017

Ironshore Insurance Singapore is expanding Political Risk business lines, growing Political Risk & Trade Credit unit capacity from $15 million to $50 million and hiring Sam Lim as Political Risk & Trade Credit Underwriter, for the Asia Pacific region. Lim joins from AIG and will report to Boo Hui Yun, Managing Director, ... Read the full article

Validus renews $240 million Talbot-led binding authority for political risk

7th September 2017

Validus Specialty Underwriting has announced the renewal of its Political Risk Insurance (PRI) binding authority which is 100% underwritten by underwriters at Lloyd’s and led by Talbot Underwriting, Syndicate 1183. The binding authority was launched in 2016 in anticipation of further growth, Validus said its capacity has since increased from $125 million ... Read the full article

Sompo Canopius adds credit & political risk underwriter

16th August 2017

Sompo Canopius AG has continued to strengthen its credit & political risk team with the appointment of Stephen Pike as credit & political risk underwriter. Pike joins global specialty insurance and reinsurance firm Sompo Canopius in October and will report to Bernie de Haldevang, global head of specialty at the re/insurer. He ... Read the full article

Sompo Canopius hires credit & political risk underwriter from AmTrust

28th June 2017

Global specialty insurance and reinsurance firm Sompo Canopius AG has announced the hiring of Tim Watson from AmTrust to be a credit & political risk underwriter for the company, effective immediately. Watson comes to Sompo Canopius from his most recent role as a political risk and credit underwriter at AmTrust at ... Read the full article

Trump / Brexit uncertainty could sell political risk cover, says Lloyd’s Beale

15th February 2017

Uncertainty in financial markets and in the international business world as a result of Donald Trump's presidency and Brexit could lead to an increased demand for political risk insurance cover, something Lloyd's of London's Inga Beale highlights as a potential opportunity. As reported by Bloomberg here, Beale spoke in ... Read the full article