Government officials have reportedly begun talks with US officials to secure political risk insurance and financial guarantees for vessels carrying oil and gas from the Middle East.
Tokio Marine & Nichido Fire Insurance, Mitsui Sumitomo Insurance, and Sompo Japan are considering broadening their high-risk zones amid the escalating Middle East conflict.
While broadly aligning with global worries around supply chain disruptions leading to a Black Swan event, five APAC countries are more concerned over global internet outage.
Survey reveals growing concerns over energy crises in key markets like Australia, the Philippines, and South Korea, while political instability and AI-driven threats have surged as a concern for risk managers...
Maduro's capture sets the stage for a potentially turbulent 2026, in which insures will juggle geopolitical shifts, technology-linked challenges, and new regulatory frameworks.
Violent demonstrations in Kathmandu caused extensive damage to businesses and institutions, with reinsurance, primarily through Nepal Re, expected to cover the majority of industry losses.
