News Middle East20 Aug 2014

Iraq:Political risk insurance premiums soar

20 Aug 2014

Since the advance of Islamic State of Iraq and the Levant (ISIL) into northern Iraq two months ago, underwriters have increased political risk premiums by about 10% for existing clients and by 50% for new policies, according to Clements Worldwide, a Washington-based political risk firm that finds insurance for companies.

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