3 ways Canadian insurers can prepare for political risk
April 2, 2024 by David GambrillCanada is not immune to social divisions resulting in damage caused by political protests, and insurance companies can do three things to prepare for political risk, says a new report published by the Insurance Institute of Canada. First, insurance companies…
Is political risk the next NatCat?
May 1, 2023 Philip PoradoMuch like NatCat events, political risk losses tend to be low frequency but high severity, said a new Oxford Analytica survey, produced for WTW, on how global businesses are managing current political risks. “Political risk losses occur rarely but tend…
Hub acquires Canadian credit risk brokerage
June 3, 2021 by Jason ContantHub International Limited has announced the acquisition of Global Credit Risk Management Inc. (GCRM), a Canada-wide independent broker of accounts receivable and political risk insurance. With a national presence and offices located in Ontario and Alberta, GCRM provides accounts receivable…
Compound beside Aden, Yemen international airport hit by suicide bomber
July 6, 2016 Ahmed Al-Haj - THE ASSOCIATED PRESSSANAA, Yemen – A suicide car bomber struck a military and security compound adjacent to the international airport in southern Yemeni port city of Aden on Wednesday, killing at least 10 people and setting off clashes with soldiers, medical and…