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. Read article
At the invitation of EMEA Finance, BPL Global Chairman, Charles Berry, participated in a discussion between brokers and insurers about the impact of the economic downturn on claims in the trade credit and political risk insurance markets and how their industry dealt with the perfect storm… Read article
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 article.
BPL Global supports the work of Tusk Trust promoting education in Africa by making a donation towards the cost of constructing two schools in Kenya. More details
In this article, published by the Insurance Insider, Charles Berry suggests that the impact of the estimated USD2.5bn of claims in the political risk insurance market may not be as severe as many think. The effects of recoveries and rescheduling – where reported claims might never crystallise because insured debts are re-scheduled – could over […]
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. Read article
BPL Global is pleased to learn that it has been voted Best Trade Credit and Political Risk Insurance Broker by readers of Trade & Forfaiting Review. Commenting on the award, BPL Global Deputy Chairman, Anthony Palmer, said “we are delighted to have won this award and are grateful for the unsolicited support of the clients […]
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 against the consequences […]