EXL’s Governance, Risk and Compliance practice specialises in interpreting regulatory mandates and assisting clients on their regulatory transformation programmes. Here we present a quick synopsis of the ongoing Banking Royal Commission of Australia and the implications for the insurance industry.
From Trump’s “America First” to the ever-looming Brexit, nationalist movements have been making steady gains across the globe in recent years. This article sheds light on the political risk landscape in Europe, Sri Lanka and Brazil.
The Belt and Road Initiative (BRI) is an ambitious infrastructure development strategy announced by the Chinese government. This article explains how AXA XL’s clients are exploring the use of captive structures and global programs to help them manage the risk of the initiative.
From a political risk and trade credit standpoint, there are four main lenses through which one can view the outlook for Latin America. This article highlights the key factors investors and banks need to consider when operating in the region, including the availability of specialist insurance cover.
Modernising a 300-year-old London insurance market is a feat many thought almost impossible. Yet, a year into its modernisation strategy, Lloyd’s of London is again proving its appetite for development. This article sheds light on the details of Lloyd’s modernisation strategy.
An important but lesser-known niche of the global insurance industry is specie insurance. This specialised form of coverage is essentially about protecting high-value, portable items – such as precious metals, gems, securities, cash and even cryptocurrency. Download this article to find out more.
Into Africa: How risk managers can use global programmes as part of their strategy in this fast-changing area
This article explains how global program structures can help risk managers to transfer their African exposures in a consistent manner, and how brokers and insurers can offer risk managers insights as they expand in this developing region.
Many zoos insure their giant pandas, both in transit and in situ. This article highlights how XL Catlin’s policies help protect zoos in the event that one of their giant pandas is injured or dies either while traveling or at the zoo.
Creating durable insurance markets within emerging market countries is critical to advancing stability. This article highlights how political risk insurance can be used to facilitate financing for crucial infrastructure projects and associated commercial development in emerging market countries.
This special report examines one of the biggest challenges facing the insurance industry, and, more broadly, the world - the great divide between economic losses and insured losses, commonly called the protection gap. The report discusses this growing problem and what be done to address the issue.