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Unrest Fuels Re-Evaluation of Political Risk Cover

As the climate of political discontent spreads across North Africa and the Middle East, insurers are reviewing their coverage capabilities against such situations. According to a new report issued by global insurance broker Willis Group, companies operating in volatile parts of the world may soon be unable to provide sufficient insurance coverage for their staff and assets. These firms may also find that their existing policies do not necessarily provide cover against the turmoil being felt in these regions.

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Willis Opens New Representative Office in Kazakhstan

The subsidiary of the UK-based global insurance brokerage Willis Group Holdings plc, Willis Limited, has received approval by the local authorities to open a new representative office in Almaty, the financial centre of Kazakhstan, the country in Central Asia with a significant market of oil and gas industries.

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