Magazine Table of Contents
With our Marine Insurance Conference in Hong Kong this month, we take stock of what IUMI achieved in Tokyo in September. Amidst numerous challenges, marine insurers are still hopeful with technology having a huge impact.
Political Risks & Trade credit
Infrastructure development across Asia will remain a major focus of global capital over the next five years. As a political risk and trade credit insurer, Beazley can play a part in helping to support the deployment of capital to economically productive investment projects, say their spokespersons.
Even though the political risks & trade credit insurance is growing in Asia, Mr Alexander Holcroft of Markel says the product is still under-penetrated in the region and insurers need to work closer with clients to ensure their needs are met.
The political risk sector today is uncertain. For most people, the situation can be distressing and lead to rash decisions. Yet, for (re)insurance companies specialising in Political Risk and Trade Credit, this uncertainty is their daily business. Mr Gregory King-Underwood from Guy Carpenter elaborates.