The insurance cost of shipping goods through the Red Sea has more than doubled in recent days after Yemen's Houthis attacked and sank two ships, killing at least four seafarers after months of calm, Reuters has reported, citing industry sources.
Texel Group, an independent, specialist credit and political risk insurance broker, has completed its the transition to 100% employee ownership, through the creation of the Texel Employee Ownership Trust (EOT).
The Insurers Federation of Egypt (IFE) has said that traditional actuarial models are no longer sufficient in light of accelerating geopolitical changes. It has become necessary to introduce additional premiums under the "geopolitical risk" clause and reduce coverage in conflict zones.
The Egyptian insurance industry is monitoring the escalation of the ongoing war in the Middle East between Israel and Iran and its impact on insurance coverage, premium rates and compensation costs.
Intensifying geopolitical rivalries, policy uncertainty and competition for critical minerals are reshaping the risk landscape as well as driving demand for protection and these in turn are giving a boost to credit and political risk insurance according to a new report.
There has been a notable shift in the landscape of supply chain risks, according to a 2025 survey conducted by WTW. As businesses faced increasing cyber security threats, material shortages and geopolitical tensions, concerns such as regulatory compliance and talent shortages have taken a backseat.
Intensifying geopolitical rivalries, policy uncertainty and competition for critical minerals are reshaping the risk landscape as well as driving demand for protection, according to a new report by Howden.
Businesses have ranked political risks and violence as a top 10 global risk for the past three years, according to the "Allianz Risk Barometer 2025" demonstrating that it has become a key concern for companies of all sizes. According to a new report from Allianz Commercial, civil unrest ranks as the biggest concern for more than 50% of company respondents globally, reflecting the fact that incidents are increasing and lasting for longer.
ETG Insurance & Risk Solutions (EIRS), an international multi-specialist insurance and reinsurance broker, has teamed up with AU Group, the leading Paris-headquartered trade credit and political risk insurance broker, to introduce Africa's first dedicated broking platform for trade credit and political risk insurance.
The arrest and imprisonment of opposition politicians last week could pose a risk to confidence in Türkiye's economy and the stability of the exchange rate, says S&P Global Ratings (S&P) in a bulletin released yesterday.