Posts Tagged ‘political’



April 8th, 2013

Reevaluation of Terrorism Risk and Coverage Prompted by Global Unrest and Political Instability

Posted at 1:00 AM ET

The dramatic rise in political instability and civil unrest across the globe, including uprisings in the Middle East and protests in Greece and Spain, has triggered a significant shift in the nature of terrorism risk and has highlighted the need for tailored terrorism and political violence protection, according to  “Tensions Building: the Changing Nature of Terrorism Risk and Coverage,” by Guy Carpenter.

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December 7th, 2012

The Changing Terrorist Threat

Posted at 1:00 AM ET

David Flandro, Global Head of Business Intelligence, Julian Alovisi, Assistant Vice President, Lucy Dalimonte, Senior Vice President, Ellen Rieder, Managing Director and Emma Karhan, Senior Vice President
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The global terrorism landscape, and the threat posed by fundamentalist Islamic terrorists in particular, has changed dramatically since the catastrophic events of September 11, 2001. Before these attacks, al-Qaeda had a well-funded and centralized leadership that enabled it to generally operate under the radar of intelligence agencies and to plan large-scale and spectacular attacks. Since then, military operations in Afghanistan and Pakistan and the killing of several key terrorist operatives have marginalized the core al-Qaeda group. This, coupled with close counter-terrorism collaboration between Western nations, as recently demonstrated by the extradition of Abu Hamza from the United Kingdom to the United States, has prevented al-Qaeda’s core from executing other large-scale attacks on the scale of September 11, 2001.

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December 4th, 2012

Global Unrest and Political Instability Prompts Reevaluation of Terrorism Risk and Coverage

Posted at 11:30 PM ET

The dramatic rise in political instability and civil unrest across the globe, including uprisings in the Middle East and protests in Greece and Spain, has triggered a significant shift in the nature of terrorism risk and has highlighted the need for tailored terrorism and political violence protection, according to a new report on global terrorism and the terror reinsurance market, “Tensions Building: the Changing Nature of Terrorism Risk and Coverage,” released by Guy Carpenter.

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February 22nd, 2012

January 2012 Reinsurance Renewal: Credit, Bond & Political Risk

Posted at 1:00 AM ET

In the credit and bond primary market, rates are flat, but these are not rate-driven classes. In political risk and especially structured credit, rates are under considerable upwards pressure for obvious reasons. The outlook for 2012 is turbulent, given the prevailing macroeconomic uncertainty and instability around the world. Loss ratios are quite likely to increase.

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December 18th, 2008

Spain: Catastrophe Reinsurance Market 2008

Posted at 12:55 AM ET

2008 Reinsurance Market Position

The range of business available to reinsurers is very limited, as catastrophic and political risks are handled by the Consorcio de Compensacion de Seguros and not the private insurance market. Nevertheless there are some residual exposures (i.e. deductibles and event triggers) which may need to be covered in the open market.

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