International Underwriting Association sets up political risk committee
Reprints
The International Underwriting Association, which represents insurers and reinsurers in the London company market, has established a political risk committee.
The group, which will meet every other month, is made up of underwriting and claims practitioners from IUA member companies and will consider “both technical underwriting and claims aspects of doing business across different jurisdictions and industries,” the IUA said Monday in a statement.
In the statement, Chris Jones, the IUA's director of market services and the secretary to the committee, said the group has been set up in light of the “heightened political risks environment of recent years.”
