Magazine date:
Feb 2009 The year 2008 has been characterized by a remarkable progression as regards to the insurance demand for political risks.
It is obvious that the current context is favourable to the development of this sector which reported a growth rate of more than 25% in a single year.
MDespite the increasing demand, insurance supply remains limited and insurers of such risks are very selective especially at a time when one of the key specialists, AIG, is experiencing great hardships.
The market remains under the hegemony of the Lloyd's syndicates, ChuBB, ACE and the French Unistrat.