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Global crisis management and political risk insurance to grow: KPMG


KPMG L.L.P. has said in a report that the global crisis management and political risk insurance market is expected to top $10 billion by 2018, reported.

Recent terrorist attacks, growing cyber threats, challenging macroeconomic environment and global political uncertainties are resulting in an increased demand for political risk and crisis management protection, said KPMG.

"In 2015 the global cost of terrorism was $32 billion, but the indirect cost was much higher," added Mr. Merrey.

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