A look at some early lessons from the revised SOLAS regulation - requiring verified gross mass (VGM) of all packed containers - and its impact on global supply chains.
Despite the decline in underwriting volumes in 2015, export credit and investment insurance's relative importance for cross border trade and investment continues to grow, underlining its relevance especially in a volatile MENA region.
Terrorism trends have evolved in recent times as attacks have centred on easier targets and are increasing in frequency. Insurers have to adopt preemptive measures to understand the shifting trends in political violence across the region.
"There is clearly an increasing understanding of risk - as opposed to just insurance - at the board levels, and that generates a completely different discussion to the ones we had a few years ago. "
- Mr Simon Gilliat, Head of Central & Eastern Europe, Middle East and Africa, Willis Towers Watson.
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