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Insurance News

BPL Global breaks new ground establishing a binding authority with Lloyd’s Japan for credit risks

Leading specialist credit and political risk insurance (CPRI) broker BPL Global unlocks Lloyd’s market capacity for credit risk cover for Japanese operations. BPL Global has led the way by establishing a binding authority with Lloyd’s Japan Inc. (LJI) dedicated solely to covering credit risks from Japan, using capacity from global insurer MS Amlin as the lead syndicate on the binder which...

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COVID-19 and the Private Insurance Market: the Big Picture

The human consequences of the coronavirus pandemic are all too clear. The full economic impact of the various government lockdowns in place around the world are yet to emerge. However, even at this stage it is certain that the impact on the global economy will be massive: probably beyond any of our experiences. The impact will be felt everywhere, including on the private insurers with whom we...

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Peter von Guretzky-Cornitz joins as German representative

BPL Global is delighted to announce that Peter von Guretzky-Cornitz has agreed to act as an introducer and representative in Germany on a part-time basis working alongside Gina Fitzgerald, to develop credit insurance business involving exporters, banks, Hermes and the CPRI market. He will be focusing particularly on transactions where private insurers can provide coinsurance or reinsurance for...

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Insurance Day profiles BPL Global

Interviewed by London insurance market journal, Insurance Day, senior directors James Esdaile and Sian Aspinall give their perspectives on the PRI market and highlight a new generation of partners at BPL Global. Read article (pages 6 & 7)

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Why do we need the ECAs?

Writing for Trade & Export Finance’s Export & Agency Finance Special Report 2014, Charles Berry, Chairman, BPL Global, discusses the changing state of the market for medium and long term (MLT) export credit insurance. Once the preserve of the government export credit agencies (ECAs), the MLT is now a mixed market of ECAs and private insurers, often competing for the same...

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Medium & Long Term Credit Insurance: “choice and the mixed market”

In this Perspectives paper delivered at the February 2013 Insuring Export Credit & Political Risk conference in London, Charles Berry, chairman of BPL Global, explained why exporters seeking medium and long term (MLT) export credit insurance should...

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Single risk markets roll with global uncertainties

In this cover story in the May 2012 issue of  International Trade Finance Anthony Palmer, deputy chairman of BPL Global, highlights the growth in the market for medium and long term non-payment cover, until now regarded as the preserve of the export credit agencies.

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Supply chain finance

At a recent panel moderated by the editor of Trade & Forfating Review, Charles Berry, Chairman of BPL Global, explained how Basel II/III compliant Comprehensive Credit Insurance has an increasingly important role to play in supply chain finance. This

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Terrorism Insurance “Wrong cover” for Arab Spring

As reported by Insurance Insider, Charles Berry, Chairman of BPL Global, spoke at a recent meeting of the London Market Claims Council on the mismatch between insurance cover sold for emerging market property and the risks faced by insured businesses. “Standard terrorism cover is simply the wrong...

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Middle East uprisings put spotlight on war risk exclusions

In this article published in Business Insurance in August 2011 Charles Berry, Chairman of BPL Global, explains how war risk exclusions can materially restrict the value of conventional property insurances for assets in emerging markets.

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Turbulence in the Arab world

As turbulence in the Arab world continues, Anthony Palmer, deputy chairman, BPL Global, highlights the deficiencies in investors’ standard property insurance policies. http://www.financial-i.com/news/view/314

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Global crisis fails to derail political risk market

In this article, published by Insider Quarterly, BPL Global Chairman, Charles Berry, indicates that market-wide PRI losses of an estimated USD2.5bn could be reduced by half as recoveries are made.

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The impact of mounting credit losses

In this article, published by Insider Quarterly, Charles Berry predicts a contraction in the capacity of the structured trade credit insurance market in 2010, and a hardening of rates. Read...

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The Future of Structured Trade Credit Insurance

In this article, published in Trade Finance magazine, Charles Berry reiterates that the insurance market for large and complex risks, centred in London, Bermuda and other international centres, has functioned normally thoughout the international financial crisis, and that its fundamentals have never been stronger.

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Investments and Fixed Assets in Emerging Markets: how the gaps in conventional terrorism and investment insurance can be filled

Many clients have recognised that conventional investment and terrorism insurances fail to provide adequate protection for investments and tangible assets in emerging markets. War risk exclusions render occurrences such as rebellion, civil war, revolution, insurgency and asymmetrical warfare likely to be excluded causes of loss; conventional investment insurance also fails to protect...

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BPL Global is the world’s leading broker specialising exclusively in credit and political risk insurance (CPRI) for multinational corporations, banks and financial institutions.