by rw | Sep 1, 2008 | Articles, Lenders Cover, PRI Products and Coverages, PRI Wordings
After years of contentment with the wordings that have been developed in the commercial political risk insurance market since its start 40 years ago, one has recently noticed a shift from insurers’ traditional protection towards contracts which are more favorable to...
by rw | Apr 1, 2008 | Articles, Credit Derivatives, Lenders Cover, PRI Products and Coverages
We invited Price Lowenstein, President of Sovereign Risk Insurance Ltd., to discuss the relationships between credit derivatives and PRI. The fallout from the sub-prime crisis continues to generate turmoil in the banking and financial guarantee insurance industries....
by rw | Apr 1, 2007 | Articles, Lenders Cover, PRI Products and Coverages
Over time the political risk insurance market has offered increasingly comprehensive coverage for bank loans. We invited Jack Barnes, a Senior Consultant at Willis Limited with thirty years’ experience in financial risk insurance and reinsurance broking, and David...
by rw | Apr 1, 2005 | Articles, Claims, Lenders Cover, PRI Claims, PRI Products and Coverages, PRI Wordings
We invited David Neckar, Practice Leader, Political Risks and Credit Insurance, Global Markets of Willis Ltd. to comment on issues that have arisen out of recent political risk insurance claims in Argentina. Two countries “separated by a common language” was...