NU Online News Service, April 19, 2:30 p.m. EDT
As political unrest envelops North Africa and the Middle East, a global-insurance broker says insurers are reviewing their appetite for political coverage at a time when multinational companies should be performing their own review of risk.
In its report titled “Political Risk Insurance: Mind The Gap,” insurance broker Willis Group says that while “companies may be able to assess and manage technical and even commercial risks, it is extremely difficult to deal with or indeed predict political events.”
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