The role of political risk and credit insurance in addressing climate change and nature loss is increasingly being demonstrated through sovereign debt conversions in developing nations, as seen in the most recent Nature Bonds project in The Bahamas, Axa XL’s Stuart Barrowcliff has argued.

Axa XL has provided $30mn in credit insurance cover as part of a new sovereign debt conversion project in The Bahamas, which is forecast to generate $124mn in marine conservation funds over the next 15 years.

Geopolitical tensions and uncertainty around future US trade and fiscal policies should be front of mind for P&C insurers, particularly in marine and credit lines, according to Swiss Re’s Jérôme Jean Haegeli.

Credit, bond and political risk reinsurers are expected to build on the stabilisation of capacity seen throughout 2024 and hold their position at 1 January 2025 renewals,

Specialist credit and political risk insurance (CPRI) broker BPL has appointed Catherine Aubert as a director.

Allianz Trade has bolstered its Asia Pacific team with the appointment of Harry Edwards as ASEAN commercial director.

Cyber, credit and surety, and engineering and construction are the three areas driving specialty reinsurance demand in 2024, according to Swiss Re’s Anne Lohbeck.

Liberty Mutual Re’s Uwe Haug examines a period of significant change for the credit (re)insurance industry.

Camilo Rodriguez, head of international credit and surety at Axis Re, discusses the evolving landscape of credit and surety reinsurance.

Tokio Marine HCC International (TMHCCI) has bolstered its trade credit team with the promotions of Fiona O’Brien and Will O’Brien.

Brown & Brown Europe has acquired 100 percent of the share capital of trade credit specialist, CI Group.

Thailand’s Chaz Insurance Brokers has partnered with Kairos Risk Solutions to develop and market parametric and trade credit insurance products.

Dan Riordan and his colleagues Richard Abizaid and Javier Gomez are joining MSIG USA to lead the expansive platform’s political risk and credit portfolio in the US market, after leaving Vantage Risk in a move first revealed by

London-headquartered B2B insurtech start-up Bondaval has launched its first trade credit insurance product.

Consilium, the specialty broking business of the Aventum Group, is set to enter the credit and political risk insurance market, with the offering led by new hire Alan Wallace.