Pol risk, credit & surety
-
QBE Europe’s UK surety manager Tom Johnson is leaving the company and looks set to join Chubb, Insurance Insider can reveal. -
Perry will be based in London and report to Nick Robson, global leader, credit specialties.
-
The carrier has also promoted Srdjan Todorovic to lead its global political violence operation.
-
The broker’s political risk report has highlighted the competing interests between countries for ownership of untapped natural resources and space exploration.
-
The deal marks Xenia’s ninth acquisition in three years and kicks off its international expansion plans.
-
Sources have also said capacity is reaching its limit as the appetite to large credit and political risk polices decreases.
-
Reuters reported that if a foreign lessor terminates the agreement, a special government commission is to decide whether the aircraft can be returned.
-
The analytics firm warned of retaliatory attacks on banking and financial services, IT services, ISPs, shipping and logistics, and public utility companies.
-
The London market is understood to be significantly more exposed to Russian business than Ukrainian.
-
Those writing large energy or infrastructure risks, such as London market insurers or international reinsurers, will be most affected by the war, the ratings agency warned.
-
Despite an increased risk environment, capacity has increased for political risks, trade risks political, trade risks commercial and non-trade insurance, the broker said.
-
However, underwriting criteria has “tightened” as a result of unpredictability over company finances and previous loss activity.
Most Recent
-
AJ Gallagher acquires Ireland-based Innovu Insurance
24 June 2022 -
QBE’s Gordon set to replace Jakobek as PPL CEO
24 June 2022 -
Miller appoints Bramwell for media insurance push
24 June 2022
