2025 was marked by escalating geopolitical tensions, broader civil unrest and evolving security threats that continue to challenge organisations worldwide, says a new report.
The credit and political risk insurance (CPRI) market recorded another strong year in 2025, with growth and performance standing out despite global economic and geopolitical headwinds, according to the latest analysis by reinsurance broker Howden Re, released yesterday.
PRISM, a newly founded managing general agent (MGA), has officially launched in Singapore and Hong Kong, backed by seasoned industry professionals and specialty insurer and reinsurer Convex, as well as Efinity Insurance Solutions (EIG). A press release from PRISM stated that the company opened for business on 18 December.
Geopolitical instability and climate risk are two realities that insurance clients face every day, according to the CEO of Wholesale Markets Asia at QBE, Ronak Shah.
The 3rd edition of the India Risk Report 2025 by ICICI Lombard and the Institute of Risk Management (IRM) - India affiliate highlights how technological disruption and global realignments are reshaping India's risk landscape, creating both vulnerabilities and opportunities.
Geopolitical tensions, protectionist policies and shifting economics are reshaping global supply chains, raising costs, amplifying uncertainty and increasing the risk of long-term fragmentation, said Swiss Re.
Tokio Marine Kiln has appointed Ms Phoebe Liew as special risks underwriter, focussing on credit and political risk.
Increasing riots, civil disturbances, political conflicts and public unrest make it important that the property and casualty insurance policies include covers against riots and civil disturbances according to Indonesian financial services regulator Otoritas Jasa Keuangan (OJK).
The African Trade & Investment Development Insurance (ATIDI) has issued a 10-year Political Risk Insurance (PRI) policy to Sumitomo Corporation, a key Japanese partner in a consortium that invests in Safaricom Telecommunications Ethiopia (STE).
BPL, an independent credit and political risk insurance (CPRI) broker, has announced that group CEO Ms Sian Aspinall has decided to step down from her role, with the view to appointing deputy CEO Mr James Reynolds in her place.