Pol risk, credit & surety
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Protests have been raging for a week, with notable damage to police stations, buses and bus stations. -
Laura Weiss joins the West Coast intermediary from Euler Hermes.
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The broker’s report notes that the economic costs of coronavirus are increasing political risk.
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The executive said political turmoil in the US “isn't going away” and that recent events were “a wake-up call".
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Sources warn further unrest is possible and anticipate rising demand for SRCC and even full political violence cover.
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The organization’s president David Sampson says that the insurance industry supported the peaceful transition of power.
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The insurer has increased per risk limits for the class of business to $500mn and opened offices in New Jersey, Illinois and California.
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George James has joined the insurer as chief underwriting officer of US surety risks.
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The sanctions will further complicate the delayed construction of the 2,460 km pipeline between Russia and Germany.
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Triangle Surety Agency specializes in placing performance bonds for coal mining companies.
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Former Ryan Specialty Group and AIG executives join Nexus to lead the alliance.
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Mann has been at QBE since 2008, having started out as a corporate counsel.
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