Strong Capacity Drives Buyer’s Market for Political Risk Insurance
Abundant capacity and strong competition have contributed to a generally favorable marketplace for buyers of political risk insurance coverage globally as the second half of 2015 approaches.
Despite growing concerns about global political and credit risks and a recent increase in loss notifications — which will likely translate into losses for insurers later this year — insurers generally view political risk as an attractive line of business. And with pricing at an all-time low, multinational companies are increasingly purchasing political risk insurance to protect shareholder value, support growth in foreign markets, and help secure financing from lenders.
“Strong Capacity Drives Buyer’s Market for Political Risk Insurance” provides an analysis of the capacity and drivers of this particular market, a summary of current political risk hotspots around the world, and tips for capitalizing on the buyer’s market.