Category Archives: Financial Services

Guide to Political Violence and Terrorism Insurance for Financial Institutions


The third element of political risk insurance financial institutions need to be aware of—after political risk insurance and comprehensive nonpayment insurance —is terrorism and political violence cover. Continue reading →

HBOS: Why the Regulators Will Make Sure Things Go Differently Next Time

2bank Kean

Much has been written in the last week about the long-awaited report into the reasons behind the collapse of Halifax Bank of Scotland (HBOS). This is hardly surprising given the size of the collapse and the report’s hard hitting conclusions, … Continue reading →

Guide to Comprehensive Nonpayment Insurance for Financial Institutions

Money Burning

In last week’s post, I mentioned political risk insurance doesn’t cover insolvency and protracted payment default; for that you need comprehensive nonpayment policies. This week, I’m going to explain what they do. Continue reading →

Guide to Political Risk Insurance for Financial Institutions


Political risk insurance (PRI) is a product designed to help mitigate the political uncertainties investors and lenders face when investing or lending into emerging markets. Typically clients are concerned about the long-term political stability of a country, and a PRI … Continue reading →

How Insurance Can Help Release Money Back to Investors During Fund Wind-Up


As real estate funds come to an end, their affairs need to be wound up. When this happens, a number of issues need to be considered, including the distribution of money back to investors at the earliest opportunity. Continue reading →

Scariest Risks of 2015

Scariest Risks of 2015

As Halloween approaches and darkness falls earlier every day, we at WillisWire find ourselves reflecting not on make-believe monsters but on the frightening real risks our clients faced during the year. Thirteen of our bloggers submitted what they thought were … Continue reading →

Bitpay Sues Insurer After Denied Cyber Claim for Spearphishing


In December, BitPay, one of the leading BitCoin payment processors, was the victim of a social engineering attack. Continue reading →

Will the Worldwide Aging Population Wreak Havoc on Financial Institutions?

19% of the world’s population will be over 80 years old by 2050

I remember the time when the most important social policies concerned healthcare or education, but that is no longer the case. Retirement has now become the most pressing social concern for governments in recent years. The reason is simple: The … Continue reading →

Regulatory Risk in Private Equity: Broken Windows Everywhere

broken window

For many years, private equity funds in the US enjoyed flying under the regulatory radar. The arrival of the Dodd-Frank Act in 2010 put an end to this long-time luxury as it subjected previously exempt private equity fund managers to … Continue reading →

Threats and Opportunities of Demographic Change: Asia


The landscape for recruitment is changing far more dramatically than many employers realise. Adapting to the new dynamics will be essential for financial groups seeking not only to hire the best, but also to grow sustainably into new regions of … Continue reading →